ARTIST FACTORY AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

52,33 %

Current Ratio

4,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	225 000	440 000	20 000	52 000
Net Income	225 000	282 000	−105 000	6 000
Total Assets	567 000	440 000	112 000	196 000
Total Equity	430 000	112 000	112 000	196 000

Income (NOK)	2022	2021	2020	2019
Revenue	225 000	440 000	20 000	52 000
Expenditure	0	158 000	125 000	46 000
Operating Profit	225 000	282 000	−105 000	6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	225 000	282 000	−105 000	6 000
Tax	0	0	0	0
Net Income	225 000	282 000	−105 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	328 000	0	90 000
Total Current Assets	567 000	112 000	112 000	106 000
Total Assets	567 000	440 000	112 000	196 000
Total Retained Equity	0	−99 000	−99 000	−15 000
Total Equity	430 000	112 000	112 000	196 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	137 000	328 000	0	0
Total Equity and Debt	567 000	440 000	112 000	196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	20 000	52 000
Other Income	225 000	440 000	0	0
Revenue	225 000	440 000	20 000	52 000
Cost of Goods Sold	0	37 000	5 000	46 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	158 000	125 000	46 000
Operating Profit	225 000	282 000	−105 000	6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	225 000	282 000	−105 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	−42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	132 000
Total Tangible Assets	0	0	0	132 000
Total Fiancial Fixed Assets	0	328 000	0	0
Total Fixed Assets	0	328 000	0	90 000
Stock	37 000	20 000	20 000	20 000
Total Investments	528 000	38 000	38 000	38 000
Cash, Bank	2 000	0	0	16 000
Total Current Assets	567 000	112 000	112 000	106 000
Total Assets	567 000	440 000	112 000	196 000
Total Equity	430 000	112 000	112 000	196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	328 000	0	0
Total Current Debt	137 000	328 000	0	0
Total Equity and Debt	567 000	440 000	112 000	196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,33 %	251,79 %	−93,75 %	3,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	100 %	64,09 %	−525 %	11,54 %
Current Ratio	4,14	0,34	-	-
Quick Ratio	5,67	0,36	−5,6	−5,3
Equity Ratio	0,76	0,25	1	1
Gross Profit Margin	100 %	91,59 %	75 %	11,54 %