ART PRO FORLAG AS

3427 GULLAUG

Finances

Share Ownership

Return on Equity

34,88 %

Current Ratio

−52,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 529 000	762 000	349 000	825 000
Net Income	300 000	245 000	−30 000	−83 000
Total Assets	844 000	635 000	322 000	420 000
Total Equity	860 000	560 000	314 000	344 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 529 000	762 000	349 000	825 000
Expenditure	1 148 000	459 000	384 000	908 000
Operating Profit	381 000	303 000	−36 000	−83 000
Financial Income	10 000	0	1 000	2 000
Financial Costs	0	0	0	2 000
Financial Balance	10 000	0	1 000	0
Earnings Before Tax	390 000	303 000	−35 000	−83 000
Tax	90 000	58 000	−5 000	0
Net Income	300 000	245 000	−30 000	−83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	844 000	635 000	322 000	420 000
Total Assets	844 000	635 000	322 000	420 000
Total Retained Equity	760 000	460 000	214 000	244 000
Total Equity	860 000	560 000	314 000	344 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−16 000	76 000	8 000	75 000
Total Equity and Debt	844 000	635 000	322 000	420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 529 000	762 000	349 000	825 000
Other Income	0	0	0	0
Revenue	1 529 000	762 000	349 000	825 000
Cost of Goods Sold	650 000	122 000	50 000	112 000
Salary Costs	203 000	52 000	19 000	417 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 148 000	459 000	384 000	908 000
Operating Profit	381 000	303 000	−36 000	−83 000
Financial Income	10 000	0	1 000	2 000
Financial Costs	0	0	0	2 000
Financial Balance	10 000	0	1 000	0
Dividends	0	0	0	0
Net Income	300 000	245 000	−30 000	−83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	738 000	495 000	286 000	348 000
Total Current Assets	844 000	635 000	322 000	420 000
Total Assets	844 000	635 000	322 000	420 000
Total Equity	860 000	560 000	314 000	344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	2 000	1 000	2 000
Unpaid Taxes	21 000	11 000	5 000	7 000
Dividends	0	0	0	0
Other Current Debt	−191 000	5 000	2 000	66 000
Total Current Debt	−16 000	76 000	8 000	75 000
Total Equity and Debt	844 000	635 000	322 000	420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,88 %	43,75 %	−9,55 %	−24,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,92 %	39,76 %	−10,32 %	−10,06 %
Current Ratio	−52,75	8,36	40,25	5,6
Quick Ratio	−52,75	8,36	40,25	5,6
Equity Ratio	1,02	0,88	0,98	0,82
Gross Profit Margin	57,49 %	83,99 %	85,67 %	86,42 %