ARTISA AS

6444 FARSTAD

Finances

Share Ownership

Return on Equity

366,67 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 000	89 000	295 000	732 000
Net Income	−11 000	32 000	−12 000	−143 000
Total Assets	23 000	24 000	25 000	93 000
Total Equity	−3 000	8 000	−23 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 000	89 000	295 000	732 000
Expenditure	19 000	54 000	307 000	875 000
Operating Profit	−11 000	35 000	−11 000	−143 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−11 000	35 000	−12 000	−143 000
Tax	0	3 000	0	0
Net Income	−11 000	32 000	−12 000	−143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	24 000	27 000	0
Total Current Assets	2 000	0	−2 000	93 000
Total Assets	23 000	24 000	25 000	93 000
Total Retained Equity	−33 000	−15 000	−46 000	−34 000
Total Equity	−3 000	8 000	−23 000	−10 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	26 000	15 000	49 000	103 000
Total Equity and Debt	23 000	24 000	25 000	93 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	89 000	295 000	732 000
Other Income	0	0	0	0
Revenue	8 000	89 000	295 000	732 000
Cost of Goods Sold	1 000	5 000	103 000	270 000
Salary Costs	0	14 000	103 000	430 000
Depreciation	3 000	3 000	2 000	0
Impairment	0	0	0	0
Expenditure	19 000	54 000	307 000	875 000
Operating Profit	−11 000	35 000	−11 000	−143 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−11 000	32 000	−12 000	−143 000

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	21 000	24 000	27 000	0
Fixtures	0	0	0	0
Total Tangible Assets	21 000	24 000	27 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	24 000	27 000	0
Stock	0	0	0	64 000
Total Investments	0	0	0	0
Cash, Bank	1 000	−1 000	−2 000	28 000
Total Current Assets	2 000	0	−2 000	93 000
Total Assets	23 000	24 000	25 000	93 000
Total Equity	−3 000	8 000	−23 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	3 000	30 000
Unpaid Taxes	0	0	−1 000	57 000
Dividends	0	0	0	0
Other Current Debt	12 000	5 000	46 000	15 000
Total Current Debt	26 000	15 000	49 000	103 000
Total Equity and Debt	23 000	24 000	25 000	93 000

Financial indicators	2022	2021	2020	2019
Return on Equity	366,67 %	400 %	52,17 %	1 430 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−137,5 %	39,33 %	−3,73 %	−19,54 %
Current Ratio	0,08	0	−0,04	0,9
Quick Ratio	0,08	0	−0,04	2,38
Equity Ratio	−0,13	0,33	−0,92	−0,11
Gross Profit Margin	87,5 %	94,38 %	65,08 %	63,11 %