ARTAPLUSS AS

4008 STAVANGER

Finances

Return on Equity

233,47 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 696 000	507 000	125 000	496 000
Net Income	−4 004 000	−1 347 000	−1 325 000	−2 329 000
Total Assets	18 448 000	14 099 000	14 236 000	15 756 000
Total Equity	−1 715 000	2 289 000	3 636 000	4 961 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 696 000	507 000	125 000	496 000
Expenditure	6 830 000	2 260 000	1 851 000	2 357 000
Operating Profit	−5 134 000	−1 753 000	−1 727 000	−1 862 000
Financial Income	2 000	22 000	28 000	33 000
Financial Costs	0	0	0	907 000
Financial Balance	2 000	22 000	28 000	−874 000
Earnings Before Tax	−5 132 000	−1 731 000	−1 698 000	−2 735 000
Tax	−1 128 000	−384 000	−374 000	−406 000
Net Income	−4 004 000	−1 347 000	−1 325 000	−2 329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 509 000	12 611 000	12 424 000	11 759 000
Total Current Assets	4 940 000	1 488 000	1 812 000	3 997 000
Total Assets	18 448 000	14 099 000	14 236 000	15 756 000
Total Retained Equity	−2 777 000	0	0	0
Total Equity	−1 715 000	2 289 000	3 636 000	4 961 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 163 000	11 810 000	10 600 000	10 795 000
Total Equity and Debt	18 448 000	14 099 000	14 236 000	15 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 696 000	507 000	125 000	496 000
Other Income	0	0	0	0
Revenue	1 696 000	507 000	125 000	496 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 051 000	1 750 000	1 429 000	1 143 000
Depreciation	49 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 830 000	2 260 000	1 851 000	2 357 000
Operating Profit	−5 134 000	−1 753 000	−1 727 000	−1 862 000
Financial Income	2 000	22 000	28 000	33 000
Financial Costs	0	0	0	907 000
Financial Balance	2 000	22 000	28 000	−874 000
Dividends	0	0	0	0
Net Income	−4 004 000	−1 347 000	−1 325 000	−2 329 000

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	98 000	37 000	0	0
Total Tangible Assets	98 000	37 000	0	0
Total Fiancial Fixed Assets	13 410 000	12 574 000	12 424 000	11 759 000
Total Fixed Assets	13 509 000	12 611 000	12 424 000	11 759 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 793 000	239 000	665 000	508 000
Total Current Assets	4 940 000	1 488 000	1 812 000	3 997 000
Total Assets	18 448 000	14 099 000	14 236 000	15 756 000
Total Equity	−1 715 000	2 289 000	3 636 000	4 961 000
Short-Term Group Debt	5 528 000	1 000 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 997 000	53 000	20 000	21 000
Unpaid Taxes	257 000	150 000	62 000	74 000
Dividends	0	0	0	0
Other Current Debt	12 381 000	10 607 000	10 517 000	10 699 000
Total Current Debt	20 163 000	11 810 000	10 600 000	10 795 000
Total Equity and Debt	18 448 000	14 099 000	14 236 000	15 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	233,47 %	−58,85 %	−36,44 %	−46,95 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−302,71 %	−345,76 %	−1 381,6 %	−375,4 %
Current Ratio	0,25	0,13	0,17	0,37
Quick Ratio	0,25	0,13	0,17	0,37
Equity Ratio	−0,09	0,16	0,26	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %