ART FOTO ANDERSEN AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

234,62 %

Current Ratio

0,05

Debt-to-Equity Ratio

−63,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	222 000	238 000	179 000	577 000
Net Income	−61 000	−5 000	−147 000	−39 000
Total Assets	3 755 000	3 832 000	3 898 000	4 174 000
Total Equity	−26 000	35 000	40 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	222 000	238 000	179 000	577 000
Expenditure	165 000	181 000	253 000	587 000
Operating Profit	57 000	57 000	−75 000	−10 000
Financial Income	2 000	2 000	3 000	1 000
Financial Costs	78 000	63 000	74 000	73 000
Financial Balance	−76 000	−61 000	−71 000	−72 000
Earnings Before Tax	−19 000	−5 000	−147 000	−81 000
Tax	42 000	0	0	−42 000
Net Income	−61 000	−5 000	−147 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 654 000	3 731 000	3 801 000	3 868 000
Total Current Assets	101 000	101 000	98 000	306 000
Total Assets	3 755 000	3 832 000	3 898 000	4 174 000
Total Retained Equity	−127 000	−66 000	−61 000	86 000
Total Equity	−26 000	35 000	40 000	187 000
Total Long-Term Debt	1 639 000	1 707 000	1 778 000	1 843 000
Total Current Debt	2 142 000	2 090 000	2 081 000	2 144 000
Total Equity and Debt	3 755 000	3 832 000	3 898 000	4 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 000	93 000	87 000	473 000
Other Income	121 000	145 000	92 000	105 000
Revenue	222 000	238 000	179 000	577 000
Cost of Goods Sold	22 000	17 000	16 000	71 000
Salary Costs	0	0	63 000	156 000
Depreciation	35 000	67 000	67 000	26 000
Impairment	0	3 000	0	0
Expenditure	165 000	181 000	253 000	587 000
Operating Profit	57 000	57 000	−75 000	−10 000
Financial Income	2 000	2 000	3 000	1 000
Financial Costs	78 000	63 000	74 000	73 000
Financial Balance	−76 000	−61 000	−71 000	−72 000
Dividends	0	0	0	0
Net Income	−61 000	−5 000	−147 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	42 000	42 000	42 000
Real Eastate	3 625 000	3 631 000	3 637 000	3 644 000
Machinery and Plant Facilities	0	4 000	47 000	71 000
Fixtures	29 000	53 000	74 000	111 000
Total Tangible Assets	3 654 000	3 688 000	3 758 000	3 825 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 654 000	3 731 000	3 801 000	3 868 000
Stock	4 000	4 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	46 000	87 000	95 000	251 000
Total Current Assets	101 000	101 000	98 000	306 000
Total Assets	3 755 000	3 832 000	3 898 000	4 174 000
Total Equity	−26 000	35 000	40 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 639 000	1 707 000	1 778 000	1 843 000
Creditors	6 000	−2 000	9 000	1 000
Unpaid Taxes	3 000	−6 000	−5 000	21 000
Dividends	0	0	0	0
Other Current Debt	2 131 000	2 096 000	2 076 000	2 122 000
Total Current Debt	2 142 000	2 090 000	2 081 000	2 144 000
Total Equity and Debt	3 755 000	3 832 000	3 898 000	4 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	234,62 %	−14,29 %	−367,5 %	−20,86 %
Debt-to-Equity Ratio	−63,04	48,77	44,45	9,86
Operating Profit Margin	25,68 %	23,95 %	−41,9 %	−1,73 %
Current Ratio	0,05	0,05	0,05	0,14
Quick Ratio	0,05	0,05	0,05	0,14
Equity Ratio	−0,01	0,01	0,01	0,04
Gross Profit Margin	90,09 %	92,86 %	91,06 %	87,69 %