ART CHIP AS

1570 DILLING

Finances

Share Ownership

Return on Equity

6,54 %

Current Ratio

Debt-to-Equity Ratio

−0,05

Key figures (NOK)	2022	2021	2020
Revenue	1 021 000	1 090 000	40 000
Net Income	7 000	116 000	−46 000
Total Assets	161 000	176 000	0
Total Equity	107 000	100 000	−16 000

Income (NOK)	2022	2021	2020
Revenue	1 021 000	1 090 000	40 000
Expenditure	1 011 000	954 000	85 000
Operating Profit	10 000	136 000	−46 000
Financial Income	−1 000	0	0
Financial Costs	0	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	9 000	136 000	−46 000
Tax	2 000	20 000	0
Net Income	7 000	116 000	−46 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	161 000	120 000	0
Total Current Assets	0	56 000	0
Total Assets	161 000	176 000	0
Total Retained Equity	0	70 000	−46 000
Total Equity	107 000	100 000	−16 000
Total Long-Term Debt	−5 000	0	0
Total Current Debt	60 000	77 000	16 000
Total Equity and Debt	161 000	176 000	0

Cash flow (NOK)	2022	2021	2020
Sales Income	1 021 000	1 090 000	40 000
Other Income	0	0	0
Revenue	1 021 000	1 090 000	40 000
Cost of Goods Sold	0	0	2 000
Salary Costs	625 000	0	0
Depreciation	0	0	0
Impairment	0	0	83 000
Expenditure	1 011 000	954 000	85 000
Operating Profit	10 000	136 000	−46 000
Financial Income	−1 000	0	0
Financial Costs	0	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	7 000	116 000	−46 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	80 000	0	0
Fixtures	81 000	120 000	0
Total Tangible Assets	161 000	120 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	161 000	120 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 000	58 000	0
Total Current Assets	0	56 000	0
Total Assets	161 000	176 000	0
Total Equity	107 000	100 000	−16 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	−5 000	0	0
Creditors	0	−5 000	0
Unpaid Taxes	−52 000	−36 000	−5 000
Dividends	0	0	0
Other Current Debt	92 000	98 000	21 000
Total Current Debt	60 000	77 000	16 000
Total Equity and Debt	161 000	176 000	0

Financial indicators	2022	2021	2020
Return on Equity	6,54 %	116 %	287,5 %
Debt-to-Equity Ratio	−0,05	0	−0
Operating Profit Margin	0,98 %	12,48 %	−115 %
Current Ratio	0	0,73	0
Quick Ratio	0	0,73	0
Equity Ratio	0,66	0,57	-
Gross Profit Margin	100 %	100 %	95 %