ARTIFEX EIENDOM AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

30,88 %

Current Ratio

0,03

Debt-to-Equity Ratio

8,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	211 000	160 000	141 000	165 000
Net Income	42 000	12 000	4 000	27 000
Total Assets	1 836 000	1 866 000	1 908 000	1 946 000
Total Equity	136 000	94 000	82 000	78 000

Income (NOK)	2022	2021	2020	2019
Revenue	211 000	160 000	141 000	165 000
Expenditure	84 000	75 000	75 000	59 000
Operating Profit	128 000	85 000	66 000	107 000
Financial Income	0	0	0	0
Financial Costs	69 000	61 000	68 000	74 000
Financial Balance	−69 000	−61 000	−68 000	−74 000
Earnings Before Tax	59 000	24 000	−2 000	33 000
Tax	17 000	12 000	−6 000	6 000
Net Income	42 000	12 000	4 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 817 000	1 859 000	1 900 000	1 942 000
Total Current Assets	19 000	7 000	8 000	4 000
Total Assets	1 836 000	1 866 000	1 908 000	1 946 000
Total Retained Equity	106 000	64 000	52 000	48 000
Total Equity	136 000	94 000	82 000	78 000
Total Long-Term Debt	1 104 000	1 182 000	1 244 000	1 283 000
Total Current Debt	595 000	589 000	582 000	585 000
Total Equity and Debt	1 836 000	1 866 000	1 908 000	1 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	211 000	160 000	141 000	165 000
Revenue	211 000	160 000	141 000	165 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	42 000	42 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	84 000	75 000	75 000	59 000
Operating Profit	128 000	85 000	66 000	107 000
Financial Income	0	0	0	0
Financial Costs	69 000	61 000	68 000	74 000
Financial Balance	−69 000	−61 000	−68 000	−74 000
Dividends	0	0	0	0
Net Income	42 000	12 000	4 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 817 000	1 859 000	1 900 000	1 942 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 817 000	1 859 000	1 900 000	1 942 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 817 000	1 859 000	1 900 000	1 942 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	7 000	8 000	4 000
Total Current Assets	19 000	7 000	8 000	4 000
Total Assets	1 836 000	1 866 000	1 908 000	1 946 000
Total Equity	136 000	94 000	82 000	78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 104 000	1 182 000	1 244 000	1 283 000
Creditors	0	2 000	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	581 000	581 000	581 000	577 000
Total Current Debt	595 000	589 000	582 000	585 000
Total Equity and Debt	1 836 000	1 866 000	1 908 000	1 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,88 %	12,77 %	4,88 %	34,62 %
Debt-to-Equity Ratio	8,12	12,57	15,17	16,45
Operating Profit Margin	60,66 %	53,13 %	46,81 %	64,85 %
Current Ratio	0,03	0,01	0,01	0,01
Quick Ratio	0,03	0,01	0,01	0,01
Equity Ratio	0,07	0,05	0,04	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %