ARTOME AS

3550 GOL

Finances

Return on Equity

−15,3 %

Current Ratio

0,34

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	8 635 000	1 155 000	1 162 000
Net Income	−337 000	3 794 000	203 000	−695 000
Total Assets	4 894 000	5 704 000	6 260 000	4 872 000
Total Equity	2 202 000	2 689 000	394 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	8 635 000	1 155 000	1 162 000
Expenditure	159 000	2 460 000	747 000	673 000
Operating Profit	−84 000	6 175 000	407 000	489 000
Financial Income	59 000	18 000	17 000	75 000
Financial Costs	331 000	1 076 000	169 000	1 187 000
Financial Balance	−272 000	−1 058 000	−152 000	−1 112 000
Earnings Before Tax	−356 000	5 116 000	255 000	−622 000
Tax	−19 000	1 322 000	52 000	72 000
Net Income	−337 000	3 794 000	203 000	−695 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 781 000	2 144 000	4 738 000	4 753 000
Total Current Assets	113 000	3 560 000	1 522 000	119 000
Total Assets	4 894 000	5 704 000	6 260 000	4 872 000
Total Retained Equity	1 842 000	2 329 000	34 000	−169 000
Total Equity	2 202 000	2 689 000	394 000	191 000
Total Long-Term Debt	2 358 000	2 683 000	4 693 000	4 520 000
Total Current Debt	335 000	332 000	1 173 000	162 000
Total Equity and Debt	4 894 000	5 704 000	6 260 000	4 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 039 000	1 155 000	1 162 000
Other Income	75 000	6 596 000	0	0
Revenue	75 000	8 635 000	1 155 000	1 162 000
Cost of Goods Sold	0	1 463 000	0	0
Salary Costs	67 000	186 000	234 000	64 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	159 000	2 460 000	747 000	673 000
Operating Profit	−84 000	6 175 000	407 000	489 000
Financial Income	59 000	18 000	17 000	75 000
Financial Costs	331 000	1 076 000	169 000	1 187 000
Financial Balance	−272 000	−1 058 000	−152 000	−1 112 000
Dividends	150 000	1 500 000	0	0
Net Income	−337 000	3 794 000	203 000	−695 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 488 000	1 488 000	3 545 000	3 545 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 488 000	1 488 000	3 545 000	3 545 000
Total Fiancial Fixed Assets	3 293 000	656 000	1 194 000	1 209 000
Total Fixed Assets	4 781 000	2 144 000	4 738 000	4 753 000
Stock	0	0	1 433 000	0
Total Investments	0	0	0	0
Cash, Bank	36 000	3 416 000	30 000	65 000
Total Current Assets	113 000	3 560 000	1 522 000	119 000
Total Assets	4 894 000	5 704 000	6 260 000	4 872 000
Total Equity	2 202 000	2 689 000	394 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 358 000	2 683 000	4 693 000	4 520 000
Creditors	11 000	5 000	31 000	11 000
Unpaid Taxes	0	17 000	13 000	16 000
Dividends	150 000	1 500 000	0	0
Other Current Debt	180 000	30 000	1 070 000	104 000
Total Current Debt	335 000	332 000	1 173 000	162 000
Total Equity and Debt	4 894 000	5 704 000	6 260 000	4 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,3 %	141,09 %	51,52 %	−363,87 %
Debt-to-Equity Ratio	1,07	1	11,91	23,66
Operating Profit Margin	−112 %	71,51 %	35,24 %	42,08 %
Current Ratio	0,34	10,72	1,3	0,73
Quick Ratio	0,34	10,72	−5,85	0,73
Equity Ratio	0,45	0,47	0,06	0,04
Gross Profit Margin	100 %	83,06 %	100 %	100 %