ARTKO AS

2010 STRØMMEN

Finances

Return on Equity

133,06 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 139 000	78 380 000	74 669 000	77 168 000
Net Income	1 465 000	1 592 000	1 402 000	1 180 000
Total Assets	15 064 000	18 249 000	16 442 000	15 169 000
Total Equity	1 101 000	1 101 000	1 508 000	1 721 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 139 000	78 380 000	74 669 000	77 168 000
Expenditure	87 151 000	76 197 000	72 226 000	75 424 000
Operating Profit	1 987 000	2 184 000	2 443 000	1 743 000
Financial Income	1 126 000	72 000	0	68 000
Financial Costs	1 201 000	163 000	627 000	264 000
Financial Balance	−75 000	−91 000	−627 000	−196 000
Earnings Before Tax	1 912 000	2 093 000	1 816 000	1 548 000
Tax	447 000	500 000	414 000	368 000
Net Income	1 465 000	1 592 000	1 402 000	1 180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 045 000	1 046 000	1 122 000	475 000
Total Current Assets	14 018 000	17 204 000	15 319 000	14 694 000
Total Assets	15 064 000	18 249 000	16 442 000	15 169 000
Total Retained Equity	951 000	950 000	1 358 000	1 571 000
Total Equity	1 101 000	1 101 000	1 508 000	1 721 000
Total Long-Term Debt	1 059 000	937 000	661 000	0
Total Current Debt	12 903 000	16 211 000	14 272 000	13 448 000
Total Equity and Debt	15 064 000	18 249 000	16 442 000	15 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 139 000	78 380 000	74 669 000	77 168 000
Other Income	0	0	0	0
Revenue	89 139 000	78 380 000	74 669 000	77 168 000
Cost of Goods Sold	81 561 000	70 520 000	66 920 000	69 162 000
Salary Costs	3 576 000	3 749 000	3 304 000	3 957 000
Depreciation	258 000	232 000	213 000	8 000
Impairment	0	0	0	0
Expenditure	87 151 000	76 197 000	72 226 000	75 424 000
Operating Profit	1 987 000	2 184 000	2 443 000	1 743 000
Financial Income	1 126 000	72 000	0	68 000
Financial Costs	1 201 000	163 000	627 000	264 000
Financial Balance	−75 000	−91 000	−627 000	−196 000
Dividends	1 000 000	0	1 400 000	1 000 000
Net Income	1 465 000	1 592 000	1 402 000	1 180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	101 000	264 000	322 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	995 000	895 000	710 000	20 000
Total Tangible Assets	995 000	895 000	710 000	20 000
Total Fiancial Fixed Assets	50 000	50 000	148 000	133 000
Total Fixed Assets	1 045 000	1 046 000	1 122 000	475 000
Stock	21 000	35 000	35 000	35 000
Total Investments	0	0	0	0
Cash, Bank	3 289 000	4 562 000	5 265 000	1 627 000
Total Current Assets	14 018 000	17 204 000	15 319 000	14 694 000
Total Assets	15 064 000	18 249 000	16 442 000	15 169 000
Total Equity	1 101 000	1 101 000	1 508 000	1 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 059 000	937 000	661 000	0
Creditors	6 828 000	10 345 000	5 768 000	8 357 000
Unpaid Taxes	3 783 000	3 054 000	2 824 000	3 379 000
Dividends	1 000 000	0	1 400 000	1 000 000
Other Current Debt	1 989 000	2 401 000	2 004 000	1 350 000
Total Current Debt	12 903 000	16 211 000	14 272 000	13 448 000
Total Equity and Debt	15 064 000	18 249 000	16 442 000	15 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,06 %	144,6 %	92,97 %	68,56 %
Debt-to-Equity Ratio	0,96	0,85	0,44	0
Operating Profit Margin	2,23 %	2,79 %	3,27 %	2,26 %
Current Ratio	1,09	1,06	1,07	1,09
Quick Ratio	1,09	1,06	1,08	1,1
Equity Ratio	0,07	0,06	0,09	0,11
Gross Profit Margin	8,5 %	10,03 %	10,38 %	10,37 %