ART MATTERS AS

3533 TYRISTRAND

Finances

Share Ownership

Return on Equity

−7,1 %

Current Ratio

7,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	398 000	36 000	577 000	563 000
Net Income	−165 000	1 441 000	−96 000	165 000
Total Assets	2 577 000	2 838 000	1 370 000	1 638 000
Total Equity	2 323 000	2 488 000	1 047 000	1 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	398 000	36 000	577 000	563 000
Expenditure	606 000	293 000	943 000	813 000
Operating Profit	−209 000	−257 000	−365 000	−250 000
Financial Income	0	1 642 000	200 000	364 000
Financial Costs	2 000	0	11 000	1 000
Financial Balance	−2 000	1 642 000	189 000	363 000
Earnings Before Tax	−211 000	1 384 000	−176 000	112 000
Tax	−46 000	−57 000	−80 000	−53 000
Net Income	−165 000	1 441 000	−96 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	636 000	591 000	853 000	972 000
Total Current Assets	1 941 000	2 247 000	517 000	666 000
Total Assets	2 577 000	2 838 000	1 370 000	1 638 000
Total Retained Equity	2 293 000	2 458 000	1 017 000	1 114 000
Total Equity	2 323 000	2 488 000	1 047 000	1 144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	254 000	350 000	323 000	494 000
Total Equity and Debt	2 577 000	2 838 000	1 370 000	1 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	398 000	36 000	368 000	333 000
Other Income	0	0	209 000	230 000
Revenue	398 000	36 000	577 000	563 000
Cost of Goods Sold	212 000	131 000	303 000	310 000
Salary Costs	0	0	0	0
Depreciation	25 000	51 000	37 000	41 000
Impairment	0	0	0	0
Expenditure	606 000	293 000	943 000	813 000
Operating Profit	−209 000	−257 000	−365 000	−250 000
Financial Income	0	1 642 000	200 000	364 000
Financial Costs	2 000	0	11 000	1 000
Financial Balance	−2 000	1 642 000	189 000	363 000
Dividends	0	0	0	200 000
Net Income	−165 000	1 441 000	−96 000	165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	550 000	504 000	448 000	368 000
Real Eastate	0	0	15 000	176 000
Machinery and Plant Facilities	12 000	16 000	0	0
Fixtures	74 000	67 000	83 000	73 000
Total Tangible Assets	86 000	83 000	98 000	249 000
Total Fiancial Fixed Assets	0	4 000	308 000	355 000
Total Fixed Assets	636 000	591 000	853 000	972 000
Stock	349 000	242 000	254 000	233 000
Total Investments	0	0	0	0
Cash, Bank	1 549 000	1 902 000	221 000	273 000
Total Current Assets	1 941 000	2 247 000	517 000	666 000
Total Assets	2 577 000	2 838 000	1 370 000	1 638 000
Total Equity	2 323 000	2 488 000	1 047 000	1 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−4 000	116 000	47 000	193 000
Unpaid Taxes	0	−14 000	29 000	0
Dividends	0	0	0	200 000
Other Current Debt	258 000	248 000	247 000	301 000
Total Current Debt	254 000	350 000	323 000	494 000
Total Equity and Debt	2 577 000	2 838 000	1 370 000	1 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,1 %	57,92 %	−9,17 %	14,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−52,51 %	−713,89 %	−63,26 %	−44,4 %
Current Ratio	7,64	6,42	1,6	1,35
Quick Ratio	−20,43	20,81	7,49	2,55
Equity Ratio	0,9	0,88	0,76	0,7
Gross Profit Margin	46,73 %	−263,89 %	47,49 %	44,94 %