CANDLE ART AS

3048 DRAMMEN

Finances

Share Ownership

Return on Equity

−325,42 %

Current Ratio

0,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 150 000	4 945 000	5 238 000	4 769 000
Net Income	−192 000	−14 000	54 000	−370 000
Total Assets	1 803 000	1 757 000	1 692 000	1 742 000
Total Equity	59 000	251 000	265 000	212 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 150 000	4 945 000	5 238 000	4 769 000
Expenditure	5 309 000	4 946 000	5 162 000	5 093 000
Operating Profit	−159 000	−1 000	75 000	−324 000
Financial Income	1 000	3 000	0	0
Financial Costs	33 000	16 000	21 000	46 000
Financial Balance	−32 000	−13 000	−21 000	−46 000
Earnings Before Tax	−192 000	−14 000	54 000	−370 000
Tax	0	0	0	0
Net Income	−192 000	−14 000	54 000	−370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	240 000	240 000	240 000
Total Current Assets	1 563 000	1 517 000	1 452 000	1 502 000
Total Assets	1 803 000	1 757 000	1 692 000	1 742 000
Total Retained Equity	−609 000	−417 000	−402 000	−456 000
Total Equity	59 000	251 000	265 000	212 000
Total Long-Term Debt	0	0	0	59 000
Total Current Debt	1 744 000	1 506 000	1 426 000	1 472 000
Total Equity and Debt	1 803 000	1 757 000	1 692 000	1 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 150 000	4 863 000	5 223 000	4 769 000
Other Income	0	82 000	15 000	0
Revenue	5 150 000	4 945 000	5 238 000	4 769 000
Cost of Goods Sold	2 777 000	2 761 000	2 970 000	2 759 000
Salary Costs	1 349 000	1 079 000	1 141 000	1 306 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 309 000	4 946 000	5 162 000	5 093 000
Operating Profit	−159 000	−1 000	75 000	−324 000
Financial Income	1 000	3 000	0	0
Financial Costs	33 000	16 000	21 000	46 000
Financial Balance	−32 000	−13 000	−21 000	−46 000
Dividends	0	0	0	0
Net Income	−192 000	−14 000	54 000	−370 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	240 000	240 000	240 000	240 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	240 000	240 000	240 000	240 000
Stock	1 283 000	1 172 000	1 132 000	1 165 000
Total Investments	0	0	0	0
Cash, Bank	152 000	338 000	268 000	325 000
Total Current Assets	1 563 000	1 517 000	1 452 000	1 502 000
Total Assets	1 803 000	1 757 000	1 692 000	1 742 000
Total Equity	59 000	251 000	265 000	212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	59 000
Creditors	406 000	151 000	296 000	272 000
Unpaid Taxes	211 000	294 000	228 000	266 000
Dividends	0	0	0	0
Other Current Debt	1 126 000	1 062 000	902 000	933 000
Total Current Debt	1 744 000	1 506 000	1 426 000	1 472 000
Total Equity and Debt	1 803 000	1 757 000	1 692 000	1 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−325,42 %	−5,58 %	20,38 %	−174,53 %
Debt-to-Equity Ratio	0	0	0	0,28
Operating Profit Margin	−3,09 %	−0,02 %	1,43 %	−6,79 %
Current Ratio	0,9	1,01	1,02	1,02
Quick Ratio	3,39	4,54	4,94	4,89
Equity Ratio	0,03	0,14	0,16	0,12
Gross Profit Margin	46,08 %	44,17 %	43,3 %	42,15 %