ARTAK AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

14,37 %

Current Ratio

0,74

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Net Income	228 000	232 000	239 000	236 000
Total Assets	2 367 000	2 559 000	2 637 000	2 704 000
Total Equity	1 587 000	1 375 000	1 155 000	1 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Expenditure	299 000	283 000	260 000	252 000
Operating Profit	301 000	317 000	340 000	348 000
Financial Income	0	0	0	0
Financial Costs	9 000	20 000	34 000	46 000
Financial Balance	−9 000	−20 000	−34 000	−46 000
Earnings Before Tax	292 000	297 000	307 000	302 000
Tax	64 000	65 000	68 000	66 000
Net Income	228 000	232 000	239 000	236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 889 000	1 992 000	2 097 000	2 203 000
Total Current Assets	479 000	567 000	540 000	501 000
Total Assets	2 367 000	2 559 000	2 637 000	2 704 000
Total Retained Equity	1 487 000	1 275 000	1 055 000	903 000
Total Equity	1 587 000	1 375 000	1 155 000	1 003 000
Total Long-Term Debt	134 000	532 000	861 000	1 176 000
Total Current Debt	647 000	652 000	621 000	525 000
Total Equity and Debt	2 367 000	2 559 000	2 637 000	2 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	600 000	600 000	600 000	600 000
Revenue	600 000	600 000	600 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	103 000	105 000	106 000	108 000
Impairment	0	0	0	0
Expenditure	299 000	283 000	260 000	252 000
Operating Profit	301 000	317 000	340 000	348 000
Financial Income	0	0	0	0
Financial Costs	9 000	20 000	34 000	46 000
Financial Balance	−9 000	−20 000	−34 000	−46 000
Dividends	0	0	0	0
Net Income	228 000	232 000	239 000	236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 873 000	1 940 000	2 007 000	2 074 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	52 000	90 000	129 000
Total Tangible Assets	1 889 000	1 992 000	2 097 000	2 203 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 889 000	1 992 000	2 097 000	2 203 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	432 000	522 000	496 000	459 000
Total Current Assets	479 000	567 000	540 000	501 000
Total Assets	2 367 000	2 559 000	2 637 000	2 704 000
Total Equity	1 587 000	1 375 000	1 155 000	1 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	134 000	532 000	861 000	1 176 000
Creditors	46 000	47 000	46 000	42 000
Unpaid Taxes	121 000	125 000	130 000	129 000
Dividends	0	0	0	0
Other Current Debt	412 000	412 000	396 000	285 000
Total Current Debt	647 000	652 000	621 000	525 000
Total Equity and Debt	2 367 000	2 559 000	2 637 000	2 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,37 %	16,87 %	20,69 %	23,53 %
Debt-to-Equity Ratio	0,08	0,39	0,75	1,17
Operating Profit Margin	50,17 %	52,83 %	56,67 %	58 %
Current Ratio	0,74	0,87	0,87	0,95
Quick Ratio	0,74	0,87	0,87	0,95
Equity Ratio	0,67	0,54	0,44	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %