ART OF LIFE INTERIØR AS

0159 OSLO

Finances

Share Ownership

Return on Equity

9,29 %

Current Ratio

2,76

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 514 000	16 197 000	12 364 000	12 267 000
Net Income	502 000	635 000	204 000	72 000
Total Assets	10 063 000	11 426 000	9 955 000	8 968 000
Total Equity	5 405 000	4 903 000	4 268 000	4 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 514 000	16 197 000	12 364 000	12 267 000
Expenditure	14 843 000	15 336 000	12 068 000	12 113 000
Operating Profit	672 000	861 000	298 000	154 000
Financial Income	41 000	56 000	27 000	7 000
Financial Costs	69 000	103 000	70 000	56 000
Financial Balance	−28 000	−47 000	−43 000	−49 000
Earnings Before Tax	644 000	814 000	254 000	105 000
Tax	142 000	179 000	51 000	33 000
Net Income	502 000	635 000	204 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	981 000	1 186 000	1 278 000	1 558 000
Total Current Assets	9 082 000	10 240 000	8 677 000	7 410 000
Total Assets	10 063 000	11 426 000	9 955 000	8 968 000
Total Retained Equity	569 000	67 000	−568 000	−744 000
Total Equity	5 405 000	4 903 000	4 268 000	4 092 000
Total Long-Term Debt	1 367 000	2 369 000	0	0
Total Current Debt	3 291 000	4 154 000	5 687 000	4 876 000
Total Equity and Debt	10 063 000	11 426 000	9 955 000	8 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 514 000	16 197 000	12 364 000	12 267 000
Other Income	0	0	0	0
Revenue	15 514 000	16 197 000	12 364 000	12 267 000
Cost of Goods Sold	8 045 000	9 224 000	6 767 000	6 735 000
Salary Costs	3 656 000	3 367 000	2 845 000	2 617 000
Depreciation	267 000	258 000	419 000	462 000
Impairment	0	0	0	0
Expenditure	14 843 000	15 336 000	12 068 000	12 113 000
Operating Profit	672 000	861 000	298 000	154 000
Financial Income	41 000	56 000	27 000	7 000
Financial Costs	69 000	103 000	70 000	56 000
Financial Balance	−28 000	−47 000	−43 000	−49 000
Dividends	0	0	0	0
Net Income	502 000	635 000	204 000	72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	210 000	261 000	126 000	176 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	771 000	924 000	1 153 000	1 382 000
Total Tangible Assets	771 000	924 000	1 153 000	1 382 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	981 000	1 186 000	1 278 000	1 558 000
Stock	7 176 000	7 690 000	6 968 000	6 382 000
Total Investments	0	0	0	0
Cash, Bank	1 254 000	1 605 000	886 000	468 000
Total Current Assets	9 082 000	10 240 000	8 677 000	7 410 000
Total Assets	10 063 000	11 426 000	9 955 000	8 968 000
Total Equity	5 405 000	4 903 000	4 268 000	4 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 367 000	2 369 000	0	0
Creditors	628 000	883 000	352 000	718 000
Unpaid Taxes	891 000	1 096 000	864 000	859 000
Dividends	0	0	0	0
Other Current Debt	1 635 000	2 044 000	4 455 000	3 255 000
Total Current Debt	3 291 000	4 154 000	5 687 000	4 876 000
Total Equity and Debt	10 063 000	11 426 000	9 955 000	8 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,29 %	12,95 %	4,78 %	1,76 %
Debt-to-Equity Ratio	0,25	0,48	0	0
Operating Profit Margin	4,33 %	5,32 %	2,41 %	1,26 %
Current Ratio	2,76	2,47	1,53	1,52
Quick Ratio	−2,34	−2,9	−6,77	−4,92
Equity Ratio	0,54	0,43	0,43	0,46
Gross Profit Margin	48,14 %	43,05 %	45,27 %	45,1 %