TRADE ART AS

5162 LAKSEVÅG

Finances

Share Ownership

Return on Equity

−29,95 %

Current Ratio

35,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 842 000	4 975 000	10 922 000	10 209 000
Net Income	−310 000	−589 000	762 000	1 123 000
Total Assets	1 065 000	1 419 000	2 360 000	1 551 000
Total Equity	1 035 000	1 345 000	1 934 000	1 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 842 000	4 975 000	10 922 000	10 209 000
Expenditure	4 082 000	5 556 000	9 945 000	8 398 000
Operating Profit	−241 000	−581 000	977 000	1 440 000
Financial Income	0	0	0	0
Financial Costs	70 000	8 000	0	1 000
Financial Balance	−70 000	−8 000	0	−1 000
Earnings Before Tax	−310 000	−589 000	977 000	1 439 000
Tax	0	0	215 000	317 000
Net Income	−310 000	−589 000	762 000	1 123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 065 000	1 419 000	2 360 000	1 551 000
Total Assets	1 065 000	1 419 000	2 360 000	1 551 000
Total Retained Equity	985 000	1 295 000	1 884 000	1 123 000
Total Equity	1 035 000	1 345 000	1 934 000	1 173 000
Total Long-Term Debt	0	0	0	30 000
Total Current Debt	30 000	74 000	426 000	348 000
Total Equity and Debt	1 065 000	1 419 000	2 360 000	1 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 842 000	0	0	0
Other Income	0	4 975 000	10 922 000	10 209 000
Revenue	3 842 000	4 975 000	10 922 000	10 209 000
Cost of Goods Sold	3 515 000	4 641 000	8 933 000	8 213 000
Salary Costs	316 000	659 000	714 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 082 000	5 556 000	9 945 000	8 398 000
Operating Profit	−241 000	−581 000	977 000	1 440 000
Financial Income	0	0	0	0
Financial Costs	70 000	8 000	0	1 000
Financial Balance	−70 000	−8 000	0	−1 000
Dividends	0	0	0	0
Net Income	−310 000	−589 000	762 000	1 123 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	488 000	873 000	246 000	209 000
Total Investments	0	28 000	0	0
Cash, Bank	536 000	454 000	1 836 000	1 155 000
Total Current Assets	1 065 000	1 419 000	2 360 000	1 551 000
Total Assets	1 065 000	1 419 000	2 360 000	1 551 000
Total Equity	1 035 000	1 345 000	1 934 000	1 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	30 000
Creditors	0	11 000	125 000	0
Unpaid Taxes	30 000	63 000	86 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	32 000
Total Current Debt	30 000	74 000	426 000	348 000
Total Equity and Debt	1 065 000	1 419 000	2 360 000	1 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,95 %	−43,79 %	39,4 %	95,74 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	−6,27 %	−11,68 %	8,95 %	14,11 %
Current Ratio	35,5	19,18	5,54	4,46
Quick Ratio	−2,33	−1,78	13,11	11,16
Equity Ratio	0,97	0,95	0,82	0,76
Gross Profit Margin	8,51 %	6,71 %	18,21 %	19,55 %