ARTICULARIS INVEST AS

9414 HARSTAD

Finances

Return on Equity

18,53 %

Current Ratio

5,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 864 000	1 769 000	1 541 000	1 566 000
Net Income	387 000	570 000	309 000	204 000
Total Assets	2 373 000	2 129 000	1 405 000	1 211 000
Total Equity	2 088 000	1 701 000	1 132 000	922 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 864 000	1 769 000	1 541 000	1 566 000
Expenditure	1 206 000	1 047 000	1 143 000	1 305 000
Operating Profit	658 000	722 000	397 000	261 000
Financial Income	34 000	9 000	0	1 000
Financial Costs	151 000	0	0	0
Financial Balance	−117 000	9 000	0	1 000
Earnings Before Tax	541 000	731 000	398 000	262 000
Tax	154 000	161 000	89 000	58 000
Net Income	387 000	570 000	309 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	750 000	836 000	6 000	18 000
Total Current Assets	1 622 000	1 292 000	1 399 000	1 193 000
Total Assets	2 373 000	2 129 000	1 405 000	1 211 000
Total Retained Equity	1 988 000	1 601 000	1 032 000	822 000
Total Equity	2 088 000	1 701 000	1 132 000	922 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	285 000	427 000	272 000	289 000
Total Equity and Debt	2 373 000	2 129 000	1 405 000	1 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 462 000	1 769 000	1 105 000	1 172 000
Other Income	402 000	0	435 000	394 000
Revenue	1 864 000	1 769 000	1 541 000	1 566 000
Cost of Goods Sold	24 000	30 000	36 000	24 000
Salary Costs	744 000	571 000	666 000	822 000
Depreciation	0	6 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	1 206 000	1 047 000	1 143 000	1 305 000
Operating Profit	658 000	722 000	397 000	261 000
Financial Income	34 000	9 000	0	1 000
Financial Costs	151 000	0	0	0
Financial Balance	−117 000	9 000	0	1 000
Dividends	0	0	99 000	0
Net Income	387 000	570 000	309 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	360 000	360 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	390 000	0	6 000	16 000
Total Tangible Assets	750 000	360 000	6 000	16 000
Total Fiancial Fixed Assets	0	476 000	0	0
Total Fixed Assets	750 000	836 000	6 000	18 000
Stock	0	0	0	6 000
Total Investments	568 000	0	0	0
Cash, Bank	997 000	1 280 000	1 399 000	1 152 000
Total Current Assets	1 622 000	1 292 000	1 399 000	1 193 000
Total Assets	2 373 000	2 129 000	1 405 000	1 211 000
Total Equity	2 088 000	1 701 000	1 132 000	922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	15 000	19 000	0	0
Unpaid Taxes	44 000	21 000	41 000	46 000
Dividends	0	0	99 000	0
Other Current Debt	73 000	225 000	145 000	185 000
Total Current Debt	285 000	427 000	272 000	289 000
Total Equity and Debt	2 373 000	2 129 000	1 405 000	1 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,53 %	33,51 %	27,3 %	22,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,3 %	40,81 %	25,76 %	16,67 %
Current Ratio	5,69	3,03	5,14	4,13
Quick Ratio	5,69	3,03	5,14	4,22
Equity Ratio	0,88	0,8	0,81	0,76
Gross Profit Margin	98,71 %	98,3 %	97,66 %	98,47 %