EH ARTS GROUP AS

2910 AURDAL

Finances

Share Ownership

Return on Equity

191,92 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 739 000	1 512 000	1 263 000	1 769 000
Net Income	−570 000	375 000	−141 000	−111 000
Total Assets	347 000	729 000	49 000	139 000
Total Equity	−297 000	273 000	−101 000	78 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 739 000	1 512 000	1 263 000	1 769 000
Expenditure	2 465 000	1 060 000	1 410 000	1 877 000
Operating Profit	−726 000	451 000	−147 000	−107 000
Financial Income	6 000	1 000	0	3 000
Financial Costs	12 000	2 000	3 000	8 000
Financial Balance	−6 000	−1 000	−3 000	−5 000
Earnings Before Tax	−732 000	451 000	−149 000	−112 000
Tax	−161 000	76 000	−8 000	−2 000
Net Income	−570 000	375 000	−141 000	−111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	280 000	133 000	5 000	0
Total Current Assets	66 000	596 000	44 000	139 000
Total Assets	347 000	729 000	49 000	139 000
Total Retained Equity	−327 000	243 000	−131 000	48 000
Total Equity	−297 000	273 000	−101 000	78 000
Total Long-Term Debt	24 000	31 000	24 000	24 000
Total Current Debt	619 000	425 000	126 000	37 000
Total Equity and Debt	347 000	729 000	49 000	139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 387 000	1 294 000	838 000	1 606 000
Other Income	352 000	218 000	426 000	163 000
Revenue	1 739 000	1 512 000	1 263 000	1 769 000
Cost of Goods Sold	375 000	284 000	135 000	404 000
Salary Costs	739 000	69 000	229 000	729 000
Depreciation	27 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	2 465 000	1 060 000	1 410 000	1 877 000
Operating Profit	−726 000	451 000	−147 000	−107 000
Financial Income	6 000	1 000	0	3 000
Financial Costs	12 000	2 000	3 000	8 000
Financial Balance	−6 000	−1 000	−3 000	−5 000
Dividends	0	0	0	0
Net Income	−570 000	375 000	−141 000	−111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	155 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	114 000	122 000	0	0
Total Tangible Assets	114 000	122 000	0	0
Total Fiancial Fixed Assets	11 000	11 000	5 000	0
Total Fixed Assets	280 000	133 000	5 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	488 000	25 000	52 000
Total Current Assets	66 000	596 000	44 000	139 000
Total Assets	347 000	729 000	49 000	139 000
Total Equity	−297 000	273 000	−101 000	78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	31 000	24 000	24 000
Creditors	0	12 000	−17 000	−9 000
Unpaid Taxes	28 000	53 000	58 000	5 000
Dividends	0	0	0	0
Other Current Debt	592 000	291 000	85 000	85 000
Total Current Debt	619 000	425 000	126 000	37 000
Total Equity and Debt	347 000	729 000	49 000	139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	191,92 %	137,36 %	139,6 %	−142,31 %
Debt-to-Equity Ratio	−0,08	0,11	−0,24	0,31
Operating Profit Margin	−41,75 %	29,83 %	−11,64 %	−6,05 %
Current Ratio	0,11	1,4	0,35	3,76
Quick Ratio	0,11	1,4	0,35	3,76
Equity Ratio	−0,86	0,37	−2,06	0,56
Gross Profit Margin	78,44 %	81,22 %	89,31 %	77,16 %