ARTAL AS

6270 BRATTVÅG

Finances

Return on Equity

−84,73 %

Current Ratio

0,36

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	55 000	55 000	48 000
Net Income	−25 993 000	4 874 000	6 259 000	20 502 000
Total Assets	54 232 000	97 191 000	90 747 000	90 622 000
Total Equity	30 679 000	61 472 000	61 987 000	60 228 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	55 000	55 000	48 000
Expenditure	1 536 000	1 420 000	1 514 000	1 815 000
Operating Profit	−1 481 000	−1 365 000	−1 459 000	−1 768 000
Financial Income	−14 205 000	9 302 000	11 009 000	23 590 000
Financial Costs	10 307 000	3 062 000	3 291 000	1 583 000
Financial Balance	−24 512 000	6 240 000	7 718 000	22 007 000
Earnings Before Tax	−25 993 000	4 874 000	6 259 000	20 240 000
Tax	0	0	0	−262 000
Net Income	−25 993 000	4 874 000	6 259 000	20 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 403 000	65 099 000	68 888 000	64 497 000
Total Current Assets	6 829 000	32 092 000	21 859 000	26 125 000
Total Assets	54 232 000	97 191 000	90 747 000	90 622 000
Total Retained Equity	29 345 000	60 138 000	60 652 000	58 894 000
Total Equity	30 679 000	61 472 000	61 987 000	60 228 000
Total Long-Term Debt	4 738 000	4 679 000	4 613 000	4 710 000
Total Current Debt	18 815 000	31 040 000	24 147 000	25 684 000
Total Equity and Debt	54 232 000	97 191 000	90 747 000	90 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	55 000	55 000	55 000	48 000
Revenue	55 000	55 000	55 000	48 000
Cost of Goods Sold	0	0	0	0
Salary Costs	900 000	850 000	903 000	804 000
Depreciation	4 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	1 536 000	1 420 000	1 514 000	1 815 000
Operating Profit	−1 481 000	−1 365 000	−1 459 000	−1 768 000
Financial Income	−14 205 000	9 302 000	11 009 000	23 590 000
Financial Costs	10 307 000	3 062 000	3 291 000	1 583 000
Financial Balance	−24 512 000	6 240 000	7 718 000	22 007 000
Dividends	4 800 000	4 000 000	4 500 000	4 700 000
Net Income	−25 993 000	4 874 000	6 259 000	20 502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 388 000	1 388 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	9 000	14 000
Total Tangible Assets	0	4 000	9 000	14 000
Total Fiancial Fixed Assets	47 403 000	65 095 000	67 491 000	63 095 000
Total Fixed Assets	47 403 000	65 099 000	68 888 000	64 497 000
Stock	620 000	620 000	620 000	620 000
Total Investments	5 657 000	30 453 000	20 427 000	17 291 000
Cash, Bank	71 000	265 000	124 000	7 503 000
Total Current Assets	6 829 000	32 092 000	21 859 000	26 125 000
Total Assets	54 232 000	97 191 000	90 747 000	90 622 000
Total Equity	30 679 000	61 472 000	61 987 000	60 228 000
Short-Term Group Debt	0	0	0	5 400 000
Total Long-Term Debt	4 738 000	4 679 000	4 613 000	4 710 000
Creditors	446 000	190 000	14 516 000	8 049 000
Unpaid Taxes	157 000	82 000	68 000	30 000
Dividends	4 800 000	4 000 000	4 500 000	4 700 000
Other Current Debt	4 786 000	3 250 000	104 000	61 000
Total Current Debt	18 815 000	31 040 000	24 147 000	25 684 000
Total Equity and Debt	54 232 000	97 191 000	90 747 000	90 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,73 %	7,93 %	10,1 %	34,04 %
Debt-to-Equity Ratio	0,15	0,08	0,07	0,08
Operating Profit Margin	−2 692,73 %	−2 481,82 %	−2 652,73 %	−3 683,33 %
Current Ratio	0,36	1,03	0,91	1,02
Quick Ratio	0,38	1,05	0,93	1,04
Equity Ratio	0,57	0,63	0,68	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %