ARTIS AS

4008 STAVANGER

Finances

Return on Equity

39,65 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 246 000	2 455 000	2 341 000	2 691 000
Net Income	695 000	672 000	795 000	1 103 000
Total Assets	2 342 000	2 371 000	1 912 000	2 086 000
Total Equity	1 753 000	1 058 000	385 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 246 000	2 455 000	2 341 000	2 691 000
Expenditure	1 330 000	1 576 000	1 319 000	1 261 000
Operating Profit	916 000	880 000	1 021 000	1 430 000
Financial Income	0	0	20 000	7 000
Financial Costs	24 000	18 000	23 000	22 000
Financial Balance	−24 000	−18 000	−3 000	−15 000
Earnings Before Tax	892 000	862 000	1 019 000	1 414 000
Tax	196 000	189 000	224 000	311 000
Net Income	695 000	672 000	795 000	1 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 427 000	1 607 000	735 000	535 000
Total Current Assets	915 000	764 000	1 176 000	1 551 000
Total Assets	2 342 000	2 371 000	1 912 000	2 086 000
Total Retained Equity	1 620 000	924 000	252 000	307 000
Total Equity	1 753 000	1 058 000	385 000	441 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	589 000	1 313 000	1 526 000	1 646 000
Total Equity and Debt	2 342 000	2 371 000	1 912 000	2 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 246 000	2 455 000	2 341 000	2 691 000
Other Income	0	0	0	0
Revenue	2 246 000	2 455 000	2 341 000	2 691 000
Cost of Goods Sold	32 000	340 000	36 000	0
Salary Costs	1 057 000	1 044 000	1 037 000	1 046 000
Depreciation	0	0	0	13 000
Impairment	0	0	0	0
Expenditure	1 330 000	1 576 000	1 319 000	1 261 000
Operating Profit	916 000	880 000	1 021 000	1 430 000
Financial Income	0	0	20 000	7 000
Financial Costs	24 000	18 000	23 000	22 000
Financial Balance	−24 000	−18 000	−3 000	−15 000
Dividends	0	0	850 000	1 000 000
Net Income	695 000	672 000	795 000	1 103 000

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	1 427 000	1 607 000	735 000	535 000
Total Fixed Assets	1 427 000	1 607 000	735 000	535 000
Stock	241 000	241 000	241 000	241 000
Total Investments	0	0	0	0
Cash, Bank	507 000	53 000	7 000	176 000
Total Current Assets	915 000	764 000	1 176 000	1 551 000
Total Assets	2 342 000	2 371 000	1 912 000	2 086 000
Total Equity	1 753 000	1 058 000	385 000	441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	4 000	21 000	3 000
Unpaid Taxes	171 000	134 000	98 000	215 000
Dividends	0	0	850 000	1 000 000
Other Current Debt	216 000	899 000	955 000	1 105 000
Total Current Debt	589 000	1 313 000	1 526 000	1 646 000
Total Equity and Debt	2 342 000	2 371 000	1 912 000	2 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,65 %	63,52 %	206,49 %	250,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,78 %	35,85 %	43,61 %	53,14 %
Current Ratio	1,55	0,58	0,77	0,94
Quick Ratio	2,63	0,71	0,92	1,1
Equity Ratio	0,75	0,45	0,2	0,21
Gross Profit Margin	98,58 %	86,15 %	98,46 %	100 %