ARTICO CHRISTMAS HOUSE AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

−88,46 %

Current Ratio

1,64

Debt-to-Equity Ratio

7,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 165 000	1 275 000	748 000	3 886 000
Net Income	−161 000	−466 000	−699 000	83 000
Total Assets	2 500 000	2 746 000	3 245 000	3 233 000
Total Equity	182 000	342 000	808 000	1 507 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 165 000	1 275 000	748 000	3 886 000
Expenditure	2 299 000	1 704 000	1 441 000	3 773 000
Operating Profit	−134 000	−429 000	−692 000	113 000
Financial Income	0	0	16 000	17 000
Financial Costs	26 000	37 000	36 000	34 000
Financial Balance	−26 000	−37 000	−20 000	−17 000
Earnings Before Tax	−161 000	−466 000	−712 000	97 000
Tax	0	0	−14 000	14 000
Net Income	−161 000	−466 000	−699 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 074 000	1 138 000	1 216 000	1 338 000
Total Current Assets	1 427 000	1 608 000	2 028 000	1 895 000
Total Assets	2 500 000	2 746 000	3 245 000	3 233 000
Total Retained Equity	−318 000	−158 000	308 000	1 007 000
Total Equity	182 000	342 000	808 000	1 507 000
Total Long-Term Debt	1 446 000	1 888 000	2 063 000	1 353 000
Total Current Debt	872 000	516 000	374 000	373 000
Total Equity and Debt	2 500 000	2 746 000	3 245 000	3 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 783 000	414 000	288 000	3 871 000
Other Income	382 000	861 000	461 000	15 000
Revenue	2 165 000	1 275 000	748 000	3 886 000
Cost of Goods Sold	733 000	100 000	104 000	876 000
Salary Costs	911 000	370 000	227 000	1 116 000
Depreciation	116 000	110 000	122 000	122 000
Impairment	0	0	0	0
Expenditure	2 299 000	1 704 000	1 441 000	3 773 000
Operating Profit	−134 000	−429 000	−692 000	113 000
Financial Income	0	0	16 000	17 000
Financial Costs	26 000	37 000	36 000	34 000
Financial Balance	−26 000	−37 000	−20 000	−17 000
Dividends	0	0	0	0
Net Income	−161 000	−466 000	−699 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	720 000	720 000	720 000	720 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	354 000	418 000	496 000	618 000
Total Tangible Assets	1 074 000	1 138 000	1 216 000	1 338 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 074 000	1 138 000	1 216 000	1 338 000
Stock	960 000	1 177 000	931 000	990 000
Total Investments	0	0	0	0
Cash, Bank	138 000	346 000	954 000	803 000
Total Current Assets	1 427 000	1 608 000	2 028 000	1 895 000
Total Assets	2 500 000	2 746 000	3 245 000	3 233 000
Total Equity	182 000	342 000	808 000	1 507 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 446 000	1 888 000	2 063 000	1 353 000
Creditors	24 000	0	0	1 000
Unpaid Taxes	34 000	27 000	16 000	67 000
Dividends	0	0	0	0
Other Current Debt	815 000	488 000	358 000	292 000
Total Current Debt	872 000	516 000	374 000	373 000
Total Equity and Debt	2 500 000	2 746 000	3 245 000	3 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−88,46 %	−136,26 %	−86,51 %	5,51 %
Debt-to-Equity Ratio	7,95	5,52	2,55	0,9
Operating Profit Margin	−6,19 %	−33,65 %	−92,51 %	2,91 %
Current Ratio	1,64	3,12	5,42	5,08
Quick Ratio	−16,22	−2,43	−3,64	−3,07
Equity Ratio	0,07	0,12	0,25	0,47
Gross Profit Margin	66,14 %	92,16 %	86,1 %	77,46 %