ARTS INVEST AS

5529 HAUGESUND

Finances

Return on Equity

−4 %

Current Ratio

347,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	194 000	192 000	186 000	269 000
Net Income	−69 000	46 000	23 000	58 000
Total Assets	1 738 000	4 103 000	4 090 000	4 446 000
Total Equity	1 725 000	1 794 000	1 748 000	2 025 000

Income (NOK)	2022	2021	2020	2019
Revenue	194 000	192 000	186 000	269 000
Expenditure	56 000	51 000	72 000	107 000
Operating Profit	138 000	141 000	114 000	162 000
Financial Income	61 000	12 000	0	0
Financial Costs	256 000	93 000	84 000	88 000
Financial Balance	−195 000	−81 000	−84 000	−88 000
Earnings Before Tax	−57 000	61 000	30 000	74 000
Tax	13 000	15 000	7 000	16 000
Net Income	−69 000	46 000	23 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 128 000	3 974 000	4 070 000
Total Current Assets	1 738 000	975 000	116 000	376 000
Total Assets	1 738 000	4 103 000	4 090 000	4 446 000
Total Retained Equity	379 000	448 000	402 000	379 000
Total Equity	1 725 000	1 794 000	1 748 000	2 025 000
Total Long-Term Debt	7 000	2 196 000	2 300 000	2 398 000
Total Current Debt	5 000	112 000	42 000	24 000
Total Equity and Debt	1 738 000	4 103 000	4 090 000	4 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	194 000	192 000	186 000	269 000
Revenue	194 000	192 000	186 000	269 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	56 000	51 000	72 000	107 000
Operating Profit	138 000	141 000	114 000	162 000
Financial Income	61 000	12 000	0	0
Financial Costs	256 000	93 000	84 000	88 000
Financial Balance	−195 000	−81 000	−84 000	−88 000
Dividends	0	0	0	0
Net Income	−69 000	46 000	23 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	3 128 000	3 128 000	3 128 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	3 128 000	3 128 000	3 128 000
Total Fiancial Fixed Assets	0	0	846 000	943 000
Total Fixed Assets	0	3 128 000	3 974 000	4 070 000
Stock	0	0	0	0
Total Investments	260 000	0	0	0
Cash, Bank	1 477 000	109 000	100 000	359 000
Total Current Assets	1 738 000	975 000	116 000	376 000
Total Assets	1 738 000	4 103 000	4 090 000	4 446 000
Total Equity	1 725 000	1 794 000	1 748 000	2 025 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	2 196 000	2 300 000	2 398 000
Creditors	0	0	17 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	97 000	19 000	19 000
Total Current Debt	5 000	112 000	42 000	24 000
Total Equity and Debt	1 738 000	4 103 000	4 090 000	4 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4 %	2,56 %	1,32 %	2,86 %
Debt-to-Equity Ratio	0	1,22	1,32	1,18
Operating Profit Margin	71,13 %	73,44 %	61,29 %	60,22 %
Current Ratio	347,6	8,71	2,76	15,67
Quick Ratio	347,6	8,71	2,76	15,67
Equity Ratio	0,99	0,44	0,43	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %