ARTISAN SENTERET AS

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

386,26 %

Current Ratio

3,37

Debt-to-Equity Ratio

33,99

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 052 000	8 358 000	8 123 000	564 000
Net Income	506 000	723 000	11 000	−119 000
Total Assets	6 144 000	4 228 000	3 568 000	1 238 000
Total Equity	131 000	32 000	−78 000	−89 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 052 000	8 358 000	8 123 000	564 000
Expenditure	7 300 000	7 445 000	8 069 000	683 000
Operating Profit	753 000	913 000	54 000	−119 000
Financial Income	0	0	0	0
Financial Costs	64 000	6 000	44 000	0
Financial Balance	−64 000	−6 000	−44 000	0
Earnings Before Tax	688 000	907 000	11 000	−119 000
Tax	183 000	185 000	0	0
Net Income	506 000	723 000	11 000	−119 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	882 000	3 490 000	2 458 000	574 000
Total Current Assets	5 262 000	738 000	1 109 000	664 000
Total Assets	6 144 000	4 228 000	3 568 000	1 238 000
Total Retained Equity	101 000	2 000	−108 000	−119 000
Total Equity	131 000	32 000	−78 000	−89 000
Total Long-Term Debt	4 453 000	2 511 000	2 794 000	440 000
Total Current Debt	1 560 000	1 685 000	852 000	887 000
Total Equity and Debt	6 144 000	4 228 000	3 568 000	1 238 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 052 000	6 318 000	8 021 000	500 000
Other Income	0	2 040 000	102 000	64 000
Revenue	8 052 000	8 358 000	8 123 000	564 000
Cost of Goods Sold	2 948 000	2 760 000	2 410 000	137 000
Salary Costs	1 930 000	2 924 000	3 409 000	282 000
Depreciation	404 000	394 000	394 000	7 000
Impairment	0	0	0	0
Expenditure	7 300 000	7 445 000	8 069 000	683 000
Operating Profit	753 000	913 000	54 000	−119 000
Financial Income	0	0	0	0
Financial Costs	64 000	6 000	44 000	0
Financial Balance	−64 000	−6 000	−44 000	0
Dividends	0	0	0	0
Net Income	506 000	723 000	11 000	−119 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	812 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	1 174 000	1 568 000	414 000
Total Tangible Assets	882 000	1 174 000	1 568 000	414 000
Total Fiancial Fixed Assets	0	2 316 000	890 000	160 000
Total Fixed Assets	882 000	3 490 000	2 458 000	574 000
Stock	374 000	363 000	429 000	231 000
Total Investments	0	0	0	0
Cash, Bank	315 000	214 000	286 000	224 000
Total Current Assets	5 262 000	738 000	1 109 000	664 000
Total Assets	6 144 000	4 228 000	3 568 000	1 238 000
Total Equity	131 000	32 000	−78 000	−89 000
Short-Term Group Debt	522 000	785 000	0	0
Total Long-Term Debt	4 453 000	2 511 000	2 794 000	440 000
Creditors	286 000	347 000	310 000	667 000
Unpaid Taxes	453 000	177 000	236 000	97 000
Dividends	0	0	0	0
Other Current Debt	231 000	364 000	306 000	122 000
Total Current Debt	1 560 000	1 685 000	852 000	887 000
Total Equity and Debt	6 144 000	4 228 000	3 568 000	1 238 000

Financial indicators	2021	2020	2019	2018
Return on Equity	386,26 %	2 259,38 %	−14,1 %	133,71 %
Debt-to-Equity Ratio	33,99	78,47	−35,82	−4,94
Operating Profit Margin	9,35 %	10,92 %	0,66 %	−21,1 %
Current Ratio	3,37	0,44	1,3	0,75
Quick Ratio	4,44	0,56	2,62	1,01
Equity Ratio	0,02	0,01	−0,02	−0,07
Gross Profit Margin	63,39 %	66,98 %	70,33 %	75,71 %