THE ART COLLECTIVE AS

0355 OSLO

Finances

Share Ownership

Return on Equity

−30,89 %

Current Ratio

4,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	650 000	1 211 000	872 000	260 000
Net Income	−76 000	144 000	228 000	−80 000
Total Assets	309 000	413 000	363 000	149 000
Total Equity	246 000	322 000	179 000	−50 000

Income (NOK)	2022	2021	2020	2019
Revenue	650 000	1 211 000	872 000	260 000
Expenditure	726 000	1 026 000	630 000	340 000
Operating Profit	−76 000	184 000	270 000	−80 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−76 000	184 000	270 000	−80 000
Tax	0	41 000	42 000	0
Net Income	−76 000	144 000	228 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	6 000	6 000	0
Total Current Assets	299 000	408 000	358 000	149 000
Total Assets	309 000	413 000	363 000	149 000
Total Retained Equity	216 000	292 000	149 000	−80 000
Total Equity	246 000	322 000	179 000	−50 000
Total Long-Term Debt	0	0	115 000	200 000
Total Current Debt	63 000	91 000	70 000	−2 000
Total Equity and Debt	309 000	413 000	363 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	649 000	1 211 000	839 000	259 000
Other Income	1 000	0	33 000	1 000
Revenue	650 000	1 211 000	872 000	260 000
Cost of Goods Sold	136 000	221 000	193 000	44 000
Salary Costs	270 000	422 000	21 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	726 000	1 026 000	630 000	340 000
Operating Profit	−76 000	184 000	270 000	−80 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−76 000	144 000	228 000	−80 000

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	10 000	6 000	6 000	0
Total Fixed Assets	10 000	6 000	6 000	0
Stock	14 000	22 000	29 000	12 000
Total Investments	0	0	0	0
Cash, Bank	241 000	360 000	155 000	82 000
Total Current Assets	299 000	408 000	358 000	149 000
Total Assets	309 000	413 000	363 000	149 000
Total Equity	246 000	322 000	179 000	−50 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	115 000	200 000
Creditors	16 000	8 000	28 000	−2 000
Unpaid Taxes	22 000	26 000	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	17 000	0	1 000
Total Current Debt	63 000	91 000	70 000	−2 000
Total Equity and Debt	309 000	413 000	363 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,89 %	44,72 %	127,37 %	160 %
Debt-to-Equity Ratio	0	0	0,64	−4
Operating Profit Margin	−11,69 %	15,19 %	30,96 %	−30,77 %
Current Ratio	4,75	4,48	5,11	−74,5
Quick Ratio	6,1	5,91	8,73	−10,64
Equity Ratio	0,8	0,78	0,49	−0,34
Gross Profit Margin	79,08 %	81,75 %	77,87 %	83,08 %