ARTWORK AS

1412 SOFIEMYR

Finances

Share Ownership

Return on Equity

12,67 %

Current Ratio

2,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 581 000	1 577 000	1 406 000
Net Income	46 000	77 000	10 000	98 000
Total Assets	550 000	554 000	447 000	424 000
Total Equity	363 000	317 000	240 000	230 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 581 000	1 577 000	1 406 000
Expenditure	1 382 000	1 483 000	1 565 000	1 285 000
Operating Profit	59 000	99 000	13 000	122 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	60 000	99 000	13 000	121 000
Tax	13 000	22 000	3 000	23 000
Net Income	46 000	77 000	10 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	550 000	554 000	447 000	424 000
Total Assets	550 000	554 000	447 000	424 000
Total Retained Equity	263 000	217 000	140 000	130 000
Total Equity	363 000	317 000	240 000	230 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	187 000	237 000	208 000	194 000
Total Equity and Debt	550 000	554 000	447 000	424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 440 000	1 581 000	1 577 000	1 406 000
Other Income	0	0	0	0
Revenue	1 440 000	1 581 000	1 577 000	1 406 000
Cost of Goods Sold	329 000	458 000	367 000	367 000
Salary Costs	621 000	604 000	783 000	501 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 382 000	1 483 000	1 565 000	1 285 000
Operating Profit	59 000	99 000	13 000	122 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	46 000	77 000	10 000	98 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	44 000	35 000	46 000	13 000
Total Investments	0	0	0	0
Cash, Bank	418 000	449 000	339 000	348 000
Total Current Assets	550 000	554 000	447 000	424 000
Total Assets	550 000	554 000	447 000	424 000
Total Equity	363 000	317 000	240 000	230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	55 000	35 000	32 000
Unpaid Taxes	81 000	106 000	97 000	58 000
Dividends	0	0	0	0
Other Current Debt	55 000	54 000	73 000	81 000
Total Current Debt	187 000	237 000	208 000	194 000
Total Equity and Debt	550 000	554 000	447 000	424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,67 %	24,29 %	4,17 %	42,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,1 %	6,26 %	0,82 %	8,68 %
Current Ratio	2,94	2,34	2,15	2,19
Quick Ratio	3,85	2,74	2,76	2,34
Equity Ratio	0,66	0,57	0,54	0,54
Gross Profit Margin	77,15 %	71,03 %	76,73 %	73,9 %