ART FOR CENTURIES AS

2067 JESSHEIM

Finances

Share Ownership

Return on Equity

−166,67 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 973 000	2 851 000	2 190 000	2 197 000
Net Income	−365 000	143 000	−51 000	309 000
Total Assets	795 000	927 000	687 000	661 000
Total Equity	219 000	584 000	441 000	492 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 973 000	2 851 000	2 190 000	2 197 000
Expenditure	2 337 000	2 713 000	2 242 000	1 828 000
Operating Profit	−365 000	137 000	−51 000	370 000
Financial Income	0	32 000	0	20 000
Financial Costs	0	0	0	0
Financial Balance	0	32 000	0	20 000
Earnings Before Tax	−365 000	169 000	−51 000	389 000
Tax	0	26 000	0	80 000
Net Income	−365 000	143 000	−51 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	212 000	182 000	50 000
Total Current Assets	583 000	715 000	505 000	611 000
Total Assets	795 000	927 000	687 000	661 000
Total Retained Equity	189 000	554 000	411 000	462 000
Total Equity	219 000	584 000	441 000	492 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	576 000	343 000	246 000	169 000
Total Equity and Debt	795 000	927 000	687 000	661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 973 000	2 851 000	2 190 000	2 197 000
Other Income	0	0	0	0
Revenue	1 973 000	2 851 000	2 190 000	2 197 000
Cost of Goods Sold	118 000	39 000	0	0
Salary Costs	1 616 000	2 228 000	1 634 000	1 485 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 337 000	2 713 000	2 242 000	1 828 000
Operating Profit	−365 000	137 000	−51 000	370 000
Financial Income	0	32 000	0	20 000
Financial Costs	0	0	0	0
Financial Balance	0	32 000	0	20 000
Dividends	0	0	0	0
Net Income	−365 000	143 000	−51 000	309 000

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	212 000	212 000	182 000	50 000
Total Fixed Assets	212 000	212 000	182 000	50 000
Stock	56 000	16 000	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	305 000	111 000	286 000
Total Current Assets	583 000	715 000	505 000	611 000
Total Assets	795 000	927 000	687 000	661 000
Total Equity	219 000	584 000	441 000	492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	63 000	0	0	0
Unpaid Taxes	191 000	120 000	100 000	87 000
Dividends	0	0	0	0
Other Current Debt	322 000	186 000	146 000	0
Total Current Debt	576 000	343 000	246 000	169 000
Total Equity and Debt	795 000	927 000	687 000	661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−166,67 %	24,49 %	−11,56 %	62,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,5 %	4,81 %	−2,33 %	16,84 %
Current Ratio	1,01	2,08	2,05	3,62
Quick Ratio	1,12	2,19	2,05	3,62
Equity Ratio	0,28	0,63	0,64	0,74
Gross Profit Margin	94,02 %	98,63 %	100 %	100 %