ART AUTO AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

9,05 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 203 000	1 321 000	1 070 000	11 227 000
Net Income	−45 000	−492 000	−43 000	−200 000
Total Assets	1 340 000	1 305 000	736 000	1 078 000
Total Equity	−497 000	−452 000	252 000	−1 891 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 203 000	1 321 000	1 070 000	11 227 000
Expenditure	6 225 000	1 805 000	1 089 000	11 360 000
Operating Profit	−21 000	−484 000	−19 000	−133 000
Financial Income	0	1 000	0	0
Financial Costs	24 000	8 000	24 000	67 000
Financial Balance	−24 000	−7 000	−24 000	−67 000
Earnings Before Tax	−45 000	−492 000	−43 000	−200 000
Tax	0	0	0	0
Net Income	−45 000	−492 000	−43 000	−200 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	83 000	39 000	39 000	42 000
Total Current Assets	1 257 000	1 267 000	697 000	1 036 000
Total Assets	1 340 000	1 305 000	736 000	1 078 000
Total Retained Equity	−2 697 000	−2 652 000	−1 948 000	−1 991 000
Total Equity	−497 000	−452 000	252 000	−1 891 000
Total Long-Term Debt	0	0	0	2 708 000
Total Current Debt	1 838 000	1 757 000	484 000	261 000
Total Equity and Debt	1 340 000	1 305 000	736 000	1 078 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	6 203 000	1 321 000	1 070 000	11 047 000
Other Income	0	0	0	180 000
Revenue	6 203 000	1 321 000	1 070 000	11 227 000
Cost of Goods Sold	5 315 000	940 000	1 005 000	10 589 000
Salary Costs	0	0	0	14 000
Depreciation	15 000	10 000	4 000	12 000
Impairment	0	0	0	0
Expenditure	6 225 000	1 805 000	1 089 000	11 360 000
Operating Profit	−21 000	−484 000	−19 000	−133 000
Financial Income	0	1 000	0	0
Financial Costs	24 000	8 000	24 000	67 000
Financial Balance	−24 000	−7 000	−24 000	−67 000
Dividends	0	0	0	0
Net Income	−45 000	−492 000	−43 000	−200 000

Balance details (NOK)	2021	2020	2019	2018
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	83 000	39 000	28 000	31 000
Total Tangible Assets	83 000	39 000	28 000	31 000
Total Fiancial Fixed Assets	0	0	10 000	10 000
Total Fixed Assets	83 000	39 000	39 000	42 000
Stock	500 000	656 000	80 000	822 000
Total Investments	0	0	0	0
Cash, Bank	64 000	529 000	258 000	137 000
Total Current Assets	1 257 000	1 267 000	697 000	1 036 000
Total Assets	1 340 000	1 305 000	736 000	1 078 000
Total Equity	−497 000	−452 000	252 000	−1 891 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 708 000
Creditors	380 000	222 000	119 000	166 000
Unpaid Taxes	228 000	46 000	53 000	50 000
Dividends	0	0	0	0
Other Current Debt	1 229 000	1 490 000	312 000	45 000
Total Current Debt	1 838 000	1 757 000	484 000	261 000
Total Equity and Debt	1 340 000	1 305 000	736 000	1 078 000

Financial indicators	2021	2020	2019	2018
Return on Equity	9,05 %	108,85 %	−17,06 %	10,58 %
Debt-to-Equity Ratio	−0	−0	0	−1,43
Operating Profit Margin	−0,34 %	−36,64 %	−1,78 %	−1,18 %
Current Ratio	0,68	0,72	1,44	3,97
Quick Ratio	0,94	1,15	1,73	−1,85
Equity Ratio	−0,37	−0,35	0,34	−1,75
Gross Profit Margin	14,32 %	28,84 %	6,07 %	5,68 %