ARTIST VISION

3042 DRAMMEN

Finances

Return on Equity

−13,72 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2018	2017	2016	2015
Revenue	3 242 000	2 564 000	1 179 000	1 689 000
Net Income	−107 000	528 000	−200 000	412 000
Total Assets	1 532 000	1 643 000	635 000	1 045 000
Total Equity	780 000	887 000	390 000	869 000

Income (NOK)	2018	2017	2016	2015
Revenue	3 242 000	2 564 000	1 179 000	1 689 000
Expenditure	3 352 000	1 846 000	1 482 000	1 253 000
Operating Profit	−109 000	718 000	−302 000	435 000
Financial Income	9 000	0	2 000	8 000
Financial Costs	7 000	19 000	4 000	16 000
Financial Balance	2 000	−19 000	−2 000	−8 000
Earnings Before Tax	−107 000	700 000	−304 000	427 000
Tax	0	172 000	−104 000	16 000
Net Income	−107 000	528 000	−200 000	412 000

Balance (NOK)	2018	2017	2016	2015
Total Fixed Assets	118 000	34 000	88 000	15 000
Total Current Assets	1 414 000	1 609 000	547 000	1 030 000
Total Assets	1 532 000	1 643 000	635 000	1 045 000
Total Retained Equity	780 000	887 000	390 000	869 000
Total Equity	780 000	887 000	390 000	869 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	752 000	756 000	245 000	177 000
Total Equity and Debt	1 532 000	1 643 000	635 000	1 045 000

Cash flow (NOK)	2018	2017	2016	2015
Sales Income	2 980 000	1 753 000	995 000	1 225 000
Other Income	263 000	811 000	185 000	465 000
Revenue	3 242 000	2 564 000	1 179 000	1 689 000
Cost of Goods Sold	555 000	3 000	91 000	257 000
Salary Costs	1 351 000	928 000	602 000	524 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 352 000	1 846 000	1 482 000	1 253 000
Operating Profit	−109 000	718 000	−302 000	435 000
Financial Income	9 000	0	2 000	8 000
Financial Costs	7 000	19 000	4 000	16 000
Financial Balance	2 000	−19 000	−2 000	−8 000
Dividends	0	0	279 000	0
Net Income	−107 000	528 000	−200 000	412 000

Balance details (NOK)	2018	2017	2016	2015
Goodwill	0	0	0	0
Total Intangible Assets	0	0	73 000	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	118 000	34 000	15 000	15 000
Total Fixed Assets	118 000	34 000	88 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	593 000	59 000	73 000
Total Current Assets	1 414 000	1 609 000	547 000	1 030 000
Total Assets	1 532 000	1 643 000	635 000	1 045 000
Total Equity	780 000	887 000	390 000	869 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	427 000	309 000	33 000	−31 000
Unpaid Taxes	168 000	227 000	172 000	149 000
Dividends	0	0	279 000	0
Other Current Debt	156 000	121 000	56 000	42 000
Total Current Debt	752 000	756 000	245 000	177 000
Total Equity and Debt	1 532 000	1 643 000	635 000	1 045 000

Financial indicators	2018	2017	2016	2015
Return on Equity	−13,72 %	59,53 %	−51,28 %	47,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,36 %	28 %	−25,61 %	25,75 %
Current Ratio	1,88	2,13	2,23	5,82
Quick Ratio	1,88	2,13	2,23	5,82
Equity Ratio	0,51	0,54	0,61	0,83
Gross Profit Margin	82,88 %	99,88 %	92,28 %	84,78 %