ARTSYS BETA AS

6993 HØYANGER

Finances

Share Ownership

Return on Equity

72,04 %

Current Ratio

5,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 000	0	0	1 632 000
Net Income	152 000	−8 000	−70 000	336 000
Total Assets	263 000	320 000	717 000	1 002 000
Total Equity	211 000	310 000	617 000	687 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 000	0	0	1 632 000
Expenditure	14 000	8 000	70 000	1 203 000
Operating Profit	171 000	−8 000	−70 000	430 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	171 000	−8 000	−70 000	430 000
Tax	20 000	0	0	95 000
Net Income	152 000	−8 000	−70 000	336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	263 000	320 000	717 000	1 002 000
Total Assets	263 000	320 000	717 000	1 002 000
Total Retained Equity	161 000	260 000	567 000	637 000
Total Equity	211 000	310 000	617 000	687 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	51 000	10 000	100 000	314 000
Total Equity and Debt	263 000	320 000	717 000	1 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 000	0	0	1 697 000
Other Income	0	0	0	−65 000
Revenue	185 000	0	0	1 632 000
Cost of Goods Sold	0	0	0	517 000
Salary Costs	0	0	0	544 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 000	8 000	70 000	1 203 000
Operating Profit	171 000	−8 000	−70 000	430 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	100 000
Net Income	152 000	−8 000	−70 000	336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	299 000	717 000	873 000
Total Current Assets	263 000	320 000	717 000	1 002 000
Total Assets	263 000	320 000	717 000	1 002 000
Total Equity	211 000	310 000	617 000	687 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	32 000	0	0	53 000
Dividends	0	0	0	100 000
Other Current Debt	0	10 000	100 000	66 000
Total Current Debt	51 000	10 000	100 000	314 000
Total Equity and Debt	263 000	320 000	717 000	1 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,04 %	−2,58 %	−11,35 %	48,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	92,43 %	-	-	26,35 %
Current Ratio	5,16	32	7,17	3,19
Quick Ratio	5,16	32	7,17	3,19
Equity Ratio	0,8	0,97	0,86	0,69
Gross Profit Margin	100 %	-	-	68,32 %