ARTERRA AS

4536 BJELLAND

Finances

Return on Equity

20,8 %

Current Ratio

2,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 478 000	1 764 000	2 999 000	2 705 000
Net Income	1 090 000	1 832 000	1 128 000	728 000
Total Assets	6 513 000	5 151 000	3 988 000	3 516 000
Total Equity	5 240 000	4 450 000	2 918 000	2 091 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 478 000	1 764 000	2 999 000	2 705 000
Expenditure	4 344 000	1 795 000	1 609 000	1 843 000
Operating Profit	1 133 000	−32 000	1 389 000	862 000
Financial Income	216 000	1 859 000	53 000	61 000
Financial Costs	0	0	4 000	2 000
Financial Balance	216 000	1 859 000	49 000	59 000
Earnings Before Tax	1 348 000	1 827 000	1 439 000	921 000
Tax	258 000	−4 000	311 000	193 000
Net Income	1 090 000	1 832 000	1 128 000	728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 936 000	2 137 000	1 811 000	1 453 000
Total Current Assets	3 577 000	3 014 000	2 177 000	2 062 000
Total Assets	6 513 000	5 151 000	3 988 000	3 516 000
Total Retained Equity	5 133 000	4 343 000	2 811 000	1 984 000
Total Equity	5 240 000	4 450 000	2 918 000	2 091 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	1 273 000	701 000	1 067 000	1 421 000
Total Equity and Debt	6 513 000	5 151 000	3 988 000	3 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 391 000	1 673 000	2 967 000	2 692 000
Other Income	87 000	92 000	33 000	13 000
Revenue	5 478 000	1 764 000	2 999 000	2 705 000
Cost of Goods Sold	2 642 000	2 000	0	3 000
Salary Costs	1 122 000	1 247 000	936 000	1 310 000
Depreciation	34 000	34 000	39 000	37 000
Impairment	0	0	0	0
Expenditure	4 344 000	1 795 000	1 609 000	1 843 000
Operating Profit	1 133 000	−32 000	1 389 000	862 000
Financial Income	216 000	1 859 000	53 000	61 000
Financial Costs	0	0	4 000	2 000
Financial Balance	216 000	1 859 000	49 000	59 000
Dividends	0	300 000	300 000	330 000
Net Income	1 090 000	1 832 000	1 128 000	728 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	42 000	70 000	97 000	152 000
Fixtures	5 000	12 000	18 000	6 000
Total Tangible Assets	47 000	81 000	116 000	158 000
Total Fiancial Fixed Assets	2 887 000	2 054 000	1 695 000	1 296 000
Total Fixed Assets	2 936 000	2 137 000	1 811 000	1 453 000
Stock	0	0	0	0
Total Investments	355 000	0	0	0
Cash, Bank	2 281 000	368 000	1 335 000	1 706 000
Total Current Assets	3 577 000	3 014 000	2 177 000	2 062 000
Total Assets	6 513 000	5 151 000	3 988 000	3 516 000
Total Equity	5 240 000	4 450 000	2 918 000	2 091 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	500 000	26 000	39 000	76 000
Unpaid Taxes	278 000	156 000	209 000	109 000
Dividends	0	300 000	300 000	330 000
Other Current Debt	237 000	220 000	207 000	713 000
Total Current Debt	1 273 000	701 000	1 067 000	1 421 000
Total Equity and Debt	6 513 000	5 151 000	3 988 000	3 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,8 %	41,17 %	38,66 %	34,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,68 %	−1,81 %	46,32 %	31,87 %
Current Ratio	2,81	4,3	2,04	1,45
Quick Ratio	2,81	4,3	2,04	1,45
Equity Ratio	0,8	0,86	0,73	0,59
Gross Profit Margin	51,77 %	99,89 %	100 %	99,89 %