ARTINORWAY DENTALFORUM LAB AS

0582 OSLO

Finances

Share Ownership

Return on Equity

255,28 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 910 000	29 896 000	21 606 000	32 607 000
Net Income	5 343 000	2 529 000	844 000	4 358 000
Total Assets	14 859 000	9 708 000	8 033 000	10 406 000
Total Equity	2 093 000	2 202 000	1 998 000	2 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 910 000	29 896 000	21 606 000	32 607 000
Expenditure	28 984 000	26 716 000	20 792 000	27 036 000
Operating Profit	6 927 000	3 179 000	814 000	5 571 000
Financial Income	39 000	14 000	31 000	68 000
Financial Costs	35 000	26 000	32 000	3 000
Financial Balance	4 000	−12 000	−1 000	65 000
Earnings Before Tax	6 930 000	3 167 000	812 000	5 636 000
Tax	1 588 000	638 000	−32 000	1 278 000
Net Income	5 343 000	2 529 000	844 000	4 358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 861 000	1 687 000	1 683 000	1 869 000
Total Current Assets	11 998 000	8 021 000	6 350 000	8 537 000
Total Assets	14 859 000	9 708 000	8 033 000	10 406 000
Total Retained Equity	1 493 000	1 602 000	1 594 000	1 663 000
Total Equity	2 093 000	2 202 000	1 998 000	2 066 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 766 000	7 506 000	6 035 000	8 340 000
Total Equity and Debt	14 859 000	9 708 000	8 033 000	10 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 877 000	29 794 000	21 341 000	32 607 000
Other Income	34 000	101 000	265 000	0
Revenue	35 910 000	29 896 000	21 606 000	32 607 000
Cost of Goods Sold	6 720 000	6 454 000	4 844 000	8 414 000
Salary Costs	15 970 000	14 817 000	10 293 000	12 005 000
Depreciation	822 000	490 000	485 000	227 000
Impairment	0	0	0	0
Expenditure	28 984 000	26 716 000	20 792 000	27 036 000
Operating Profit	6 927 000	3 179 000	814 000	5 571 000
Financial Income	39 000	14 000	31 000	68 000
Financial Costs	35 000	26 000	32 000	3 000
Financial Balance	4 000	−12 000	−1 000	65 000
Dividends	0	0	0	3 500 000
Net Income	5 343 000	2 529 000	844 000	4 358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	317 000	367 000	289 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 543 000	1 319 000	1 394 000	407 000
Total Tangible Assets	2 543 000	1 319 000	1 394 000	407 000
Total Fiancial Fixed Assets	1 000	1 000	0	1 462 000
Total Fixed Assets	2 861 000	1 687 000	1 683 000	1 869 000
Stock	1 174 000	808 000	579 000	15 000
Total Investments	0	0	0	0
Cash, Bank	2 572 000	4 937 000	1 820 000	6 217 000
Total Current Assets	11 998 000	8 021 000	6 350 000	8 537 000
Total Assets	14 859 000	9 708 000	8 033 000	10 406 000
Total Equity	2 093 000	2 202 000	1 998 000	2 066 000
Short-Term Group Debt	6 989 000	2 978 000	1 170 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 356 000	674 000	1 229 000	1 419 000
Unpaid Taxes	1 109 000	1 076 000	764 000	804 000
Dividends	0	0	0	3 500 000
Other Current Debt	3 311 000	2 778 000	2 872 000	1 340 000
Total Current Debt	12 766 000	7 506 000	6 035 000	8 340 000
Total Equity and Debt	14 859 000	9 708 000	8 033 000	10 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	255,28 %	114,85 %	42,24 %	210,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,29 %	10,63 %	3,77 %	17,09 %
Current Ratio	0,94	1,07	1,05	1,02
Quick Ratio	1,04	1,2	1,16	1,03
Equity Ratio	0,14	0,23	0,25	0,2
Gross Profit Margin	81,29 %	78,41 %	77,58 %	74,2 %