ART TRADING AS

1339 VØYENENGA

Finances

Return on Equity

117,61 %

Current Ratio

0,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 326 000	11 965 000	8 751 000	12 958 000
Net Income	12 476 000	9 213 000	6 691 000	9 958 000
Total Assets	46 780 000	30 887 000	20 658 000	15 117 000
Total Equity	10 608 000	18 132 000	18 132 000	11 442 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 326 000	11 965 000	8 751 000	12 958 000
Expenditure	63 000	152 000	170 000	192 000
Operating Profit	15 263 000	11 813 000	8 580 000	12 766 000
Financial Income	733 000	0	0	1 000
Financial Costs	1 000	2 000	2 000	0
Financial Balance	732 000	−2 000	−2 000	1 000
Earnings Before Tax	15 995 000	11 811 000	8 578 000	12 766 000
Tax	3 519 000	2 598 000	1 888 000	2 809 000
Net Income	12 476 000	9 213 000	6 691 000	9 958 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 904 000	20 172 000	172 000	172 000
Total Current Assets	5 877 000	10 715 000	20 486 000	14 945 000
Total Assets	46 780 000	30 887 000	20 658 000	15 117 000
Total Retained Equity	9 971 000	17 495 000	17 495 000	10 804 000
Total Equity	10 608 000	18 132 000	18 132 000	11 442 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	36 172 000	12 755 000	2 525 000	3 676 000
Total Equity and Debt	46 780 000	30 887 000	20 658 000	15 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 109 000	11 831 000	9 019 000	12 808 000
Other Income	217 000	134 000	−268 000	149 000
Revenue	15 326 000	11 965 000	8 751 000	12 958 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	121 000	121 000	121 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	63 000	152 000	170 000	192 000
Operating Profit	15 263 000	11 813 000	8 580 000	12 766 000
Financial Income	733 000	0	0	1 000
Financial Costs	1 000	2 000	2 000	0
Financial Balance	732 000	−2 000	−2 000	1 000
Dividends	20 000 000	0	0	0
Net Income	12 476 000	9 213 000	6 691 000	9 958 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	40 904 000	20 172 000	172 000	172 000
Total Fixed Assets	40 904 000	20 172 000	172 000	172 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	2 000	3 000	5 000
Total Current Assets	5 877 000	10 715 000	20 486 000	14 945 000
Total Assets	46 780 000	30 887 000	20 658 000	15 117 000
Total Equity	10 608 000	18 132 000	18 132 000	11 442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	13 000
Unpaid Taxes	729 000	734 000	433 000	641 000
Dividends	20 000 000	0	0	0
Other Current Debt	112 000	210 000	204 000	213 000
Total Current Debt	36 172 000	12 755 000	2 525 000	3 676 000
Total Equity and Debt	46 780 000	30 887 000	20 658 000	15 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	117,61 %	50,81 %	36,9 %	87,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,59 %	98,73 %	98,05 %	98,52 %
Current Ratio	0,16	0,84	8,11	4,07
Quick Ratio	0,16	0,84	8,11	4,07
Equity Ratio	0,23	0,59	0,88	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %