ARTEL HOLDING AS

0252 OSLO

Finances

Return on Equity

2,09 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	347 000	330 000	328 000	323 000
Net Income	901 000	461 000	75 000	73 000
Total Assets	45 600 000	44 581 000	43 987 000	43 867 000
Total Equity	43 076 000	42 175 000	41 714 000	41 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	347 000	330 000	328 000	323 000
Expenditure	150 000	162 000	185 000	223 000
Operating Profit	197 000	169 000	143 000	100 000
Financial Income	839 000	386 000	28 000	144 000
Financial Costs	80 000	64 000	76 000	151 000
Financial Balance	759 000	322 000	−48 000	−7 000
Earnings Before Tax	956 000	491 000	96 000	93 000
Tax	55 000	30 000	21 000	20 000
Net Income	901 000	461 000	75 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 008 000	42 033 000	42 064 000	42 085 000
Total Current Assets	3 592 000	2 548 000	1 924 000	1 782 000
Total Assets	45 600 000	44 581 000	43 987 000	43 867 000
Total Retained Equity	42 180 000	41 278 000	40 818 000	40 743 000
Total Equity	43 076 000	42 175 000	41 714 000	41 639 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 524 000	2 407 000	2 274 000	2 227 000
Total Equity and Debt	45 600 000	44 581 000	43 987 000	43 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	347 000	330 000	328 000	323 000
Revenue	347 000	330 000	328 000	323 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	150 000	162 000	185 000	223 000
Operating Profit	197 000	169 000	143 000	100 000
Financial Income	839 000	386 000	28 000	144 000
Financial Costs	80 000	64 000	76 000	151 000
Financial Balance	759 000	322 000	−48 000	−7 000
Dividends	0	0	0	0
Net Income	901 000	461 000	75 000	73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	25 000	55 000	76 000
Real Eastate	8 329 000	8 329 000	8 329 000	8 329 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 329 000	8 329 000	8 329 000	8 329 000
Total Fiancial Fixed Assets	33 680 000	33 680 000	33 680 000	33 680 000
Total Fixed Assets	42 008 000	42 033 000	42 064 000	42 085 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 592 000	2 548 000	1 918 000	1 771 000
Total Current Assets	3 592 000	2 548 000	1 924 000	1 782 000
Total Assets	45 600 000	44 581 000	43 987 000	43 867 000
Total Equity	43 076 000	42 175 000	41 714 000	41 639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 495 000	2 407 000	2 274 000	2 227 000
Total Current Debt	2 524 000	2 407 000	2 274 000	2 227 000
Total Equity and Debt	45 600 000	44 581 000	43 987 000	43 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,09 %	1,09 %	0,18 %	0,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,77 %	51,21 %	43,6 %	30,96 %
Current Ratio	1,42	1,06	0,85	0,8
Quick Ratio	1,42	1,06	0,85	0,8
Equity Ratio	0,94	0,95	0,95	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %