ART-DECO AS

2819 GJØVIK

Finances

Share Ownership

Return on Equity

18,18 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	262 000	402 000	458 000	291 000
Net Income	54 000	−33 000	−48 000	−115 000
Total Assets	618 000	735 000	805 000	424 000
Total Equity	297 000	243 000	152 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	262 000	402 000	458 000	291 000
Expenditure	194 000	441 000	515 000	434 000
Operating Profit	69 000	−39 000	−56 000	−143 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	5 000	4 000
Financial Balance	0	−3 000	−5 000	−4 000
Earnings Before Tax	69 000	−43 000	−61 000	−147 000
Tax	15 000	−9 000	−13 000	−32 000
Net Income	54 000	−33 000	−48 000	−115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	223 000	241 000	256 000
Total Current Assets	438 000	512 000	564 000	168 000
Total Assets	618 000	735 000	805 000	424 000
Total Retained Equity	−38 000	−92 000	−58 000	−11 000
Total Equity	297 000	243 000	152 000	19 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	321 000	491 000	654 000	405 000
Total Equity and Debt	618 000	735 000	805 000	424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	262 000	402 000	333 000	166 000
Other Income	0	0	125 000	125 000
Revenue	262 000	402 000	458 000	291 000
Cost of Goods Sold	0	7 000	0	0
Salary Costs	0	179 000	172 000	173 000
Depreciation	28 000	28 000	28 000	26 000
Impairment	0	0	0	0
Expenditure	194 000	441 000	515 000	434 000
Operating Profit	69 000	−39 000	−56 000	−143 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	5 000	4 000
Financial Balance	0	−3 000	−5 000	−4 000
Dividends	0	0	0	0
Net Income	54 000	−33 000	−48 000	−115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	59 000	50 000	36 000
Real Eastate	136 000	164 000	192 000	219 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	136 000	164 000	192 000	219 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	180 000	223 000	241 000	256 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	4 000	21 000	13 000
Total Current Assets	438 000	512 000	564 000	168 000
Total Assets	618 000	735 000	805 000	424 000
Total Equity	297 000	243 000	152 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	28 000	12 000	12 000
Unpaid Taxes	0	10 000	9 000	9 000
Dividends	0	0	0	0
Other Current Debt	293 000	454 000	632 000	383 000
Total Current Debt	321 000	491 000	654 000	405 000
Total Equity and Debt	618 000	735 000	805 000	424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,18 %	−13,58 %	−31,58 %	−605,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,34 %	−9,7 %	−12,23 %	−49,14 %
Current Ratio	1,36	1,04	0,86	0,41
Quick Ratio	1,36	1,04	0,86	0,41
Equity Ratio	0,48	0,33	0,19	0,04
Gross Profit Margin	100 %	98,26 %	100 %	100 %