ARTIS GLOBAL AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

−146,3 %

Current Ratio

0,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	385 000	303 000	663 000
Net Income	−79 000	−250 000	36 000
Total Assets	1 820 000	1 897 000	1 962 000
Total Equity	54 000	133 000	131 000

Income (NOK)	2022	2021	2020
Revenue	385 000	303 000	663 000
Expenditure	492 000	555 000	600 000
Operating Profit	−108 000	−251 000	63 000
Financial Income	12 000	0	2 000
Financial Costs	6 000	69 000	20 000
Financial Balance	6 000	−69 000	−18 000
Earnings Before Tax	−101 000	−321 000	45 000
Tax	−22 000	−71 000	9 000
Net Income	−79 000	−250 000	36 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	636 000	474 000	636 000
Total Current Assets	1 184 000	1 422 000	1 326 000
Total Assets	1 820 000	1 897 000	1 962 000
Total Retained Equity	−46 000	31 000	31 000
Total Equity	54 000	133 000	131 000
Total Long-Term Debt	0	9 000	9 000
Total Current Debt	1 767 000	1 755 000	1 823 000
Total Equity and Debt	1 820 000	1 897 000	1 962 000

Cash flow (NOK)	2022	2021	2020
Sales Income	385 000	284 000	618 000
Other Income	0	19 000	45 000
Revenue	385 000	303 000	663 000
Cost of Goods Sold	308 000	249 000	258 000
Salary Costs	0	0	0
Depreciation	115 000	136 000	61 000
Impairment	0	0	0
Expenditure	492 000	555 000	600 000
Operating Profit	−108 000	−251 000	63 000
Financial Income	12 000	0	2 000
Financial Costs	6 000	69 000	20 000
Financial Balance	6 000	−69 000	−18 000
Dividends	0	0	0
Net Income	−79 000	−250 000	36 000

Balance details (NOK)	2022	2021	2020
Goodwill	258 000	358 000	458 000
Total Intangible Assets	271 000	358 000	458 000
Real Eastate	0	0	0
Machinery and Plant Facilities	365 000	24 000	30 000
Fixtures	0	93 000	147 000
Total Tangible Assets	365 000	116 000	178 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	636 000	474 000	636 000
Stock	683 000	792 000	834 000
Total Investments	0	0	0
Cash, Bank	295 000	45 000	60 000
Total Current Assets	1 184 000	1 422 000	1 326 000
Total Assets	1 820 000	1 897 000	1 962 000
Total Equity	54 000	133 000	131 000
Short-Term Group Debt	1 306 000	1 729 000	1 268 000
Total Long-Term Debt	0	9 000	9 000
Creditors	460 000	3 000	534 000
Unpaid Taxes	0	22 000	18 000
Dividends	0	0	0
Other Current Debt	0	0	2 000
Total Current Debt	1 767 000	1 755 000	1 823 000
Total Equity and Debt	1 820 000	1 897 000	1 962 000

Financial indicators	2022	2021	2020
Return on Equity	−146,3 %	−187,97 %	27,48 %
Debt-to-Equity Ratio	0	0,07	0,07
Operating Profit Margin	−28,05 %	−82,84 %	9,5 %
Current Ratio	0,67	0,81	0,73
Quick Ratio	1,09	1,48	1,34
Equity Ratio	0,03	0,07	0,07
Gross Profit Margin	20 %	17,82 %	61,09 %