ARTSAFE AS

1364 FORNEBU

Finances

Return on Equity

−0,9 %

Current Ratio

2,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−12 000	94 000	−7 000	−50 000
Total Assets	1 793 000	1 839 000	1 657 000	1 640 000
Total Equity	1 332 000	1 344 000	1 250 000	1 256 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	9 000	5 000	26 000	49 000
Operating Profit	−9 000	−5 000	−26 000	−49 000
Financial Income	77 000	102 000	20 000	0
Financial Costs	80 000	3 000	1 000	1 000
Financial Balance	−3 000	99 000	19 000	−1 000
Earnings Before Tax	−12 000	94 000	−7 000	−50 000
Tax	0	0	0	0
Net Income	−12 000	94 000	−7 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	864 000	734 000	734 000	470 000
Total Current Assets	929 000	1 105 000	923 000	1 170 000
Total Assets	1 793 000	1 839 000	1 657 000	1 640 000
Total Retained Equity	−66 000	−54 000	−148 000	−142 000
Total Equity	1 332 000	1 344 000	1 250 000	1 256 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	461 000	495 000	407 000	384 000
Total Equity and Debt	1 793 000	1 839 000	1 657 000	1 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 000	5 000	26 000	49 000
Operating Profit	−9 000	−5 000	−26 000	−49 000
Financial Income	77 000	102 000	20 000	0
Financial Costs	80 000	3 000	1 000	1 000
Financial Balance	−3 000	99 000	19 000	−1 000
Dividends	0	0	0	0
Net Income	−12 000	94 000	−7 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	164 000	164 000	164 000	164 000
Total Tangible Assets	164 000	164 000	164 000	164 000
Total Fiancial Fixed Assets	700 000	570 000	570 000	306 000
Total Fixed Assets	864 000	734 000	734 000	470 000
Stock	0	0	0	0
Total Investments	844 000	836 000	397 000	0
Cash, Bank	85 000	114 000	525 000	1 170 000
Total Current Assets	929 000	1 105 000	923 000	1 170 000
Total Assets	1 793 000	1 839 000	1 657 000	1 640 000
Total Equity	1 332 000	1 344 000	1 250 000	1 256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	30 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	461 000	495 000	377 000	377 000
Total Current Debt	461 000	495 000	407 000	384 000
Total Equity and Debt	1 793 000	1 839 000	1 657 000	1 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,9 %	6,99 %	−0,56 %	−3,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,02	2,23	2,27	3,05
Quick Ratio	2,02	2,23	2,27	3,05
Equity Ratio	0,74	0,73	0,75	0,77
Gross Profit Margin	-	-	-	-