ART OF CONCEPTS AS

0690 OSLO

Finances

Share Ownership

Return on Equity

159,39 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 652 000	1 176 000	1 350 000	1 937 000
Net Income	−263 000	−47 000	−11 000	−192 000
Total Assets	582 000	375 000	222 000	755 000
Total Equity	−165 000	98 000	145 000	156 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 652 000	1 176 000	1 350 000	1 937 000
Expenditure	1 911 000	1 217 000	1 348 000	2 116 000
Operating Profit	−259 000	−42 000	2 000	−179 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	13 000	15 000
Financial Balance	−4 000	−5 000	−13 000	−15 000
Earnings Before Tax	−263 000	−47 000	−11 000	−194 000
Tax	0	0	0	−1 000
Net Income	−263 000	−47 000	−11 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	86 000	140 000	153 000
Total Current Assets	554 000	289 000	82 000	602 000
Total Assets	582 000	375 000	222 000	755 000
Total Retained Equity	−265 000	−2 000	45 000	56 000
Total Equity	−165 000	98 000	145 000	156 000
Total Long-Term Debt	0	0	0	196 000
Total Current Debt	747 000	277 000	77 000	403 000
Total Equity and Debt	582 000	375 000	222 000	755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 652 000	1 176 000	1 318 000	1 937 000
Other Income	0	0	32 000	0
Revenue	1 652 000	1 176 000	1 350 000	1 937 000
Cost of Goods Sold	123 000	145 000	97 000	557 000
Salary Costs	1 250 000	440 000	401 000	902 000
Depreciation	58 000	54 000	51 000	37 000
Impairment	0	0	0	0
Expenditure	1 911 000	1 217 000	1 348 000	2 116 000
Operating Profit	−259 000	−42 000	2 000	−179 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	13 000	15 000
Financial Balance	−4 000	−5 000	−13 000	−15 000
Dividends	0	0	0	0
Net Income	−263 000	−47 000	−11 000	−192 000

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	28 000	86 000	140 000	153 000
Total Tangible Assets	28 000	86 000	140 000	153 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	86 000	140 000	153 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	36 000	24 000	5 000
Total Current Assets	554 000	289 000	82 000	602 000
Total Assets	582 000	375 000	222 000	755 000
Total Equity	−165 000	98 000	145 000	156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	196 000
Creditors	72 000	0	0	7 000
Unpaid Taxes	129 000	56 000	12 000	160 000
Dividends	0	0	0	0
Other Current Debt	350 000	60 000	55 000	237 000
Total Current Debt	747 000	277 000	77 000	403 000
Total Equity and Debt	582 000	375 000	222 000	755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	159,39 %	−47,96 %	−7,59 %	−123,08 %
Debt-to-Equity Ratio	−0	0	0	1,26
Operating Profit Margin	−15,68 %	−3,57 %	0,15 %	−9,24 %
Current Ratio	0,74	1,04	1,06	1,49
Quick Ratio	0,74	1,04	1,06	1,49
Equity Ratio	−0,28	0,26	0,65	0,21
Gross Profit Margin	92,55 %	87,67 %	92,81 %	71,24 %