ARTO AS

7300 ORKANGER

Finances

Return on Equity

11,58 %

Current Ratio

22,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 084 000	1 784 000	1 784 000	1 940 000
Net Income	2 335 000	−1 261 000	−1 261 000	1 026 000
Total Assets	20 576 000	19 157 000	19 157 000	19 910 000
Total Equity	20 164 000	16 575 000	16 575 000	17 835 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 084 000	1 784 000	1 784 000	1 940 000
Expenditure	1 151 000	1 191 000	1 191 000	895 000
Operating Profit	933 000	592 000	592 000	1 045 000
Financial Income	1 661 000	−1 691 000	−1 691 000	171 000
Financial Costs	62 000	40 000	40 000	22 000
Financial Balance	1 599 000	−1 731 000	−1 731 000	149 000
Earnings Before Tax	2 532 000	−1 138 000	−1 138 000	1 194 000
Tax	197 000	122 000	122 000	168 000
Net Income	2 335 000	−1 261 000	−1 261 000	1 026 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 230 000	11 237 000	11 237 000	11 217 000
Total Current Assets	9 346 000	7 920 000	7 920 000	8 693 000
Total Assets	20 576 000	19 157 000	19 157 000	19 910 000
Total Retained Equity	20 064 000	16 475 000	16 475 000	17 735 000
Total Equity	20 164 000	16 575 000	16 575 000	17 835 000
Total Long-Term Debt	0	942 000	942 000	−94 000
Total Current Debt	412 000	1 641 000	1 641 000	2 169 000
Total Equity and Debt	20 576 000	19 157 000	19 157 000	19 910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	3 000
Other Income	2 084 000	1 784 000	1 784 000	1 937 000
Revenue	2 084 000	1 784 000	1 784 000	1 940 000
Cost of Goods Sold	0	0	0	3 000
Salary Costs	676 000	640 000	640 000	536 000
Depreciation	3 000	5 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 151 000	1 191 000	1 191 000	895 000
Operating Profit	933 000	592 000	592 000	1 045 000
Financial Income	1 661 000	−1 691 000	−1 691 000	171 000
Financial Costs	62 000	40 000	40 000	22 000
Financial Balance	1 599 000	−1 731 000	−1 731 000	149 000
Dividends	0	0	0	0
Net Income	2 335 000	−1 261 000	−1 261 000	1 026 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 217 000	11 217 000	11 217 000	11 217 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	20 000	20 000	0
Total Tangible Assets	11 230 000	11 237 000	11 237 000	11 217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 230 000	11 237 000	11 237 000	11 217 000
Stock	0	0	0	0
Total Investments	6 641 000	7 656 000	7 656 000	7 805 000
Cash, Bank	2 547 000	110 000	110 000	628 000
Total Current Assets	9 346 000	7 920 000	7 920 000	8 693 000
Total Assets	20 576 000	19 157 000	19 157 000	19 910 000
Total Equity	20 164 000	16 575 000	16 575 000	17 835 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	942 000	942 000	−94 000
Creditors	464 000	179 000	179 000	63 000
Unpaid Taxes	21 000	41 000	41 000	33 000
Dividends	0	0	0	0
Other Current Debt	100 000	1 299 000	1 299 000	1 848 000
Total Current Debt	412 000	1 641 000	1 641 000	2 169 000
Total Equity and Debt	20 576 000	19 157 000	19 157 000	19 910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	−7,61 %	−7,61 %	5,75 %
Debt-to-Equity Ratio	0	0,06	0,06	−0,01
Operating Profit Margin	44,77 %	33,18 %	33,18 %	53,87 %
Current Ratio	22,68	4,83	4,83	4,01
Quick Ratio	22,68	4,83	4,83	4,01
Equity Ratio	0,98	0,87	0,87	0,9
Gross Profit Margin	100 %	100 %	100 %	99,85 %