ARTIKON AS

6037 EIDSNES

Finances

Return on Equity

66,69 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 534 000	9 173 000	8 667 000	6 835 000
Net Income	1 796 000	1 230 000	1 606 000	1 250 000
Total Assets	6 416 000	5 237 000	5 131 000	6 264 000
Total Equity	2 693 000	2 397 000	2 167 000	1 561 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 534 000	9 173 000	8 667 000	6 835 000
Expenditure	7 227 000	7 483 000	6 602 000	5 243 000
Operating Profit	2 308 000	1 689 000	2 066 000	1 592 000
Financial Income	23 000	13 000	9 000	6 000
Financial Costs	11 000	99 000	4 000	−4 000
Financial Balance	12 000	−86 000	5 000	10 000
Earnings Before Tax	2 320 000	1 603 000	2 071 000	1 602 000
Tax	524 000	372 000	465 000	353 000
Net Income	1 796 000	1 230 000	1 606 000	1 250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	389 000	468 000	510 000	603 000
Total Current Assets	6 027 000	4 770 000	4 621 000	5 661 000
Total Assets	6 416 000	5 237 000	5 131 000	6 264 000
Total Retained Equity	1 132 000	836 000	606 000	0
Total Equity	2 693 000	2 397 000	2 167 000	1 561 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	3 723 000	2 840 000	2 963 000	4 701 000
Total Equity and Debt	6 416 000	5 237 000	5 131 000	6 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 534 000	9 151 000	8 635 000	6 835 000
Other Income	0	22 000	32 000	0
Revenue	9 534 000	9 173 000	8 667 000	6 835 000
Cost of Goods Sold	263 000	263 000	213 000	145 000
Salary Costs	5 097 000	5 286 000	4 908 000	3 800 000
Depreciation	127 000	120 000	153 000	139 000
Impairment	0	0	0	0
Expenditure	7 227 000	7 483 000	6 602 000	5 243 000
Operating Profit	2 308 000	1 689 000	2 066 000	1 592 000
Financial Income	23 000	13 000	9 000	6 000
Financial Costs	11 000	99 000	4 000	−4 000
Financial Balance	12 000	−86 000	5 000	10 000
Dividends	1 500 000	1 000 000	1 000 000	3 300 000
Net Income	1 796 000	1 230 000	1 606 000	1 250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	98 000	0	0
Real Eastate	164 000	191 000	218 000	245 000
Machinery and Plant Facilities	12 000	20 000	28 000	36 000
Fixtures	138 000	158 000	177 000	246 000
Total Tangible Assets	315 000	370 000	423 000	527 000
Total Fiancial Fixed Assets	0	0	86 000	76 000
Total Fixed Assets	389 000	468 000	510 000	603 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 991 000	4 152 000	3 319 000	5 082 000
Total Current Assets	6 027 000	4 770 000	4 621 000	5 661 000
Total Assets	6 416 000	5 237 000	5 131 000	6 264 000
Total Equity	2 693 000	2 397 000	2 167 000	1 561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	308 000	187 000	130 000	6 000
Unpaid Taxes	827 000	733 000	860 000	689 000
Dividends	1 500 000	1 000 000	1 000 000	3 300 000
Other Current Debt	564 000	548 000	507 000	347 000
Total Current Debt	3 723 000	2 840 000	2 963 000	4 701 000
Total Equity and Debt	6 416 000	5 237 000	5 131 000	6 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,69 %	51,31 %	74,11 %	80,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,21 %	18,41 %	23,84 %	23,29 %
Current Ratio	1,62	1,68	1,56	1,2
Quick Ratio	1,62	1,68	1,56	1,2
Equity Ratio	0,42	0,46	0,42	0,25
Gross Profit Margin	97,24 %	97,13 %	97,54 %	97,88 %