ARTEMIS SEARCH & SELECTION AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

21,93 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 991 000	3 660 000	1 355 000	877 000
Net Income	25 000	206 000	−88 000	142 000
Total Assets	744 000	1 159 000	610 000	376 000
Total Equity	114 000	89 000	84 000	172 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 991 000	3 660 000	1 355 000	877 000
Expenditure	2 946 000	3 384 000	1 464 000	695 000
Operating Profit	45 000	275 000	−109 000	183 000
Financial Income	1 000	0	2 000	0
Financial Costs	4 000	7 000	2 000	0
Financial Balance	−3 000	−7 000	0	0
Earnings Before Tax	42 000	268 000	−110 000	183 000
Tax	17 000	62 000	−22 000	41 000
Net Income	25 000	206 000	−88 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	22 000	0
Total Current Assets	744 000	1 159 000	588 000	376 000
Total Assets	744 000	1 159 000	610 000	376 000
Total Retained Equity	84 000	59 000	54 000	142 000
Total Equity	114 000	89 000	84 000	172 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	629 000	1 070 000	526 000	204 000
Total Equity and Debt	744 000	1 159 000	610 000	376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 941 000	3 665 000	1 286 000	877 000
Other Income	50 000	−5 000	69 000	0
Revenue	2 991 000	3 660 000	1 355 000	877 000
Cost of Goods Sold	241 000	551 000	0	0
Salary Costs	2 314 000	2 469 000	1 142 000	490 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 946 000	3 384 000	1 464 000	695 000
Operating Profit	45 000	275 000	−109 000	183 000
Financial Income	1 000	0	2 000	0
Financial Costs	4 000	7 000	2 000	0
Financial Balance	−3 000	−7 000	0	0
Dividends	0	200 000	0	0
Net Income	25 000	206 000	−88 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	22 000	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	0	0	0	0
Total Fixed Assets	0	0	22 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	527 000	722 000	369 000	245 000
Total Current Assets	744 000	1 159 000	588 000	376 000
Total Assets	744 000	1 159 000	610 000	376 000
Total Equity	114 000	89 000	84 000	172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	121 000	35 000	28 000
Unpaid Taxes	353 000	455 000	376 000	92 000
Dividends	0	200 000	0	0
Other Current Debt	234 000	253 000	115 000	44 000
Total Current Debt	629 000	1 070 000	526 000	204 000
Total Equity and Debt	744 000	1 159 000	610 000	376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,93 %	231,46 %	−104,76 %	82,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,5 %	7,51 %	−8,04 %	20,87 %
Current Ratio	1,18	1,08	1,12	1,84
Quick Ratio	1,18	1,08	1,12	1,84
Equity Ratio	0,15	0,08	0,14	0,46
Gross Profit Margin	91,94 %	84,95 %	100 %	100 %