INTERNATIONAL CORPORATE ART AS

0277 OSLO

Finances

Return on Equity

48,94 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 450 000	70 484 000	64 980 000	63 776 000
Net Income	16 518 000	6 973 000	1 325 000	1 133 000
Total Assets	133 672 000	77 933 000	51 831 000	34 356 000
Total Equity	33 751 000	23 133 000	16 773 000	13 748 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 450 000	70 484 000	64 980 000	63 776 000
Expenditure	85 718 000	67 014 000	63 700 000	65 017 000
Operating Profit	16 732 000	3 470 000	1 280 000	−1 241 000
Financial Income	4 532 000	5 761 000	4 049 000	2 846 000
Financial Costs	80 000	278 000	3 720 000	66 000
Financial Balance	4 452 000	5 483 000	329 000	2 780 000
Earnings Before Tax	21 184 000	8 953 000	1 609 000	1 538 000
Tax	4 666 000	1 980 000	283 000	406 000
Net Income	16 518 000	6 973 000	1 325 000	1 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 523 000	22 982 000	6 380 000	10 994 000
Total Current Assets	115 149 000	54 950 000	45 451 000	23 363 000
Total Assets	133 672 000	77 933 000	51 831 000	34 356 000
Total Retained Equity	31 751 000	21 133 000	14 773 000	13 448 000
Total Equity	33 751 000	23 133 000	16 773 000	13 748 000
Total Long-Term Debt	0	0	22 000	22 000
Total Current Debt	99 921 000	54 799 000	35 036 000	20 587 000
Total Equity and Debt	133 672 000	77 933 000	51 831 000	34 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 450 000	70 484 000	64 980 000	63 776 000
Other Income	0	0	0	0
Revenue	102 450 000	70 484 000	64 980 000	63 776 000
Cost of Goods Sold	56 834 000	35 267 000	31 020 000	31 952 000
Salary Costs	6 827 000	11 484 000	11 560 000	11 053 000
Depreciation	299 000	321 000	421 000	388 000
Impairment	0	0	1 641 000	0
Expenditure	85 718 000	67 014 000	63 700 000	65 017 000
Operating Profit	16 732 000	3 470 000	1 280 000	−1 241 000
Financial Income	4 532 000	5 761 000	4 049 000	2 846 000
Financial Costs	80 000	278 000	3 720 000	66 000
Financial Balance	4 452 000	5 483 000	329 000	2 780 000
Dividends	5 900 000	0	0	0
Net Income	16 518 000	6 973 000	1 325 000	1 133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	542 000	1 235 000	837 000	56 000
Real Eastate	0	3 451 000	3 500 000	5 274 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	514 000	896 000	743 000	1 014 000
Total Tangible Assets	514 000	4 347 000	4 243 000	6 288 000
Total Fiancial Fixed Assets	17 468 000	17 400 000	1 300 000	4 650 000
Total Fixed Assets	18 523 000	22 982 000	6 380 000	10 994 000
Stock	708 000	886 000	658 000	646 000
Total Investments	0	0	0	0
Cash, Bank	76 371 000	39 784 000	39 389 000	14 399 000
Total Current Assets	115 149 000	54 950 000	45 451 000	23 363 000
Total Assets	133 672 000	77 933 000	51 831 000	34 356 000
Total Equity	33 751 000	23 133 000	16 773 000	13 748 000
Short-Term Group Debt	0	0	0	256 000
Total Long-Term Debt	0	0	22 000	22 000
Creditors	20 698 000	11 406 000	6 848 000	2 634 000
Unpaid Taxes	418 000	984 000	610 000	1 041 000
Dividends	5 900 000	0	0	0
Other Current Debt	68 931 000	41 737 000	26 513 000	16 223 000
Total Current Debt	99 921 000	54 799 000	35 036 000	20 587 000
Total Equity and Debt	133 672 000	77 933 000	51 831 000	34 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,94 %	30,14 %	7,9 %	8,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,33 %	4,92 %	1,97 %	−1,95 %
Current Ratio	1,15	1	1,3	1,13
Quick Ratio	1,16	1,02	1,32	1,17
Equity Ratio	0,25	0,3	0,32	0,4
Gross Profit Margin	44,53 %	49,96 %	52,26 %	49,9 %