ARTEC HOLDING AS

6018 ÅLESUND

Finances

Return on Equity

−2,82 %

Current Ratio

24,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	636 491 000	378 376 000
Net Income	−13 794 000	576 715 000	45 887 000	15 334 000
Total Assets	497 377 000	556 244 000	221 096 000	177 109 000
Total Equity	488 305 000	511 099 000	66 030 000	59 413 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	636 491 000	378 376 000
Expenditure	999 000	590 000	577 597 000	357 854 000
Operating Profit	−999 000	−590 000	58 894 000	20 523 000
Financial Income	6 090 000	729 792 000	636 000	272 000
Financial Costs	18 885 000	152 488 000	334 000	482 000
Financial Balance	−12 795 000	577 304 000	302 000	−210 000
Earnings Before Tax	−13 794 000	576 715 000	59 196 000	20 313 000
Tax	0	0	13 309 000	4 979 000
Net Income	−13 794 000	576 715 000	45 887 000	15 334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	271 831 000	264 729 000	29 387 000	6 537 000
Total Current Assets	225 546 000	291 515 000	191 709 000	170 572 000
Total Assets	497 377 000	556 244 000	221 096 000	177 109 000
Total Retained Equity	488 199 000	510 993 000	65 924 000	59 307 000
Total Equity	488 305 000	511 099 000	66 030 000	59 413 000
Total Long-Term Debt	0	0	25 006 000	11 697 000
Total Current Debt	9 072 000	45 145 000	130 060 000	105 999 000
Total Equity and Debt	497 377 000	556 244 000	221 096 000	177 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	636 481 000	378 376 000
Other Income	0	0	11 000	0
Revenue	0	0	636 491 000	378 376 000
Cost of Goods Sold	0	0	519 203 000	302 735 000
Salary Costs	124 000	0	41 959 000	37 230 000
Depreciation	0	0	331 000	349 000
Impairment	0	0	0	106 000
Expenditure	999 000	590 000	577 597 000	357 854 000
Operating Profit	−999 000	−590 000	58 894 000	20 523 000
Financial Income	6 090 000	729 792 000	636 000	272 000
Financial Costs	18 885 000	152 488 000	334 000	482 000
Financial Balance	−12 795 000	577 304 000	302 000	−210 000
Dividends	9 000 000	65 730 000	24 270 000	0
Net Income	−13 794 000	576 715 000	45 887 000	15 334 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	699 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 194 000	537 000
Total Tangible Assets	0	0	1 194 000	537 000
Total Fiancial Fixed Assets	271 831 000	264 729 000	27 494 000	6 000 000
Total Fixed Assets	271 831 000	264 729 000	29 387 000	6 537 000
Stock	0	0	1 270 000	1 989 000
Total Investments	213 579 000	289 215 000	10 539 000	0
Cash, Bank	11 966 000	2 300 000	41 912 000	71 797 000
Total Current Assets	225 546 000	291 515 000	191 709 000	170 572 000
Total Assets	497 377 000	556 244 000	221 096 000	177 109 000
Total Equity	488 305 000	511 099 000	66 030 000	59 413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	25 006 000	11 697 000
Creditors	22 000	97 000	81 057 000	82 518 000
Unpaid Taxes	0	0	5 226 000	7 146 000
Dividends	9 000 000	65 730 000	24 270 000	0
Other Current Debt	50 000	48 000	19 507 000	16 336 000
Total Current Debt	9 072 000	45 145 000	130 060 000	105 999 000
Total Equity and Debt	497 377 000	556 244 000	221 096 000	177 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,82 %	112,84 %	69,49 %	25,81 %
Debt-to-Equity Ratio	0	0	0,38	0,2
Operating Profit Margin	-	-	9,25 %	5,42 %
Current Ratio	24,86	6,46	1,47	1,61
Quick Ratio	24,86	6,46	1,49	1,64
Equity Ratio	0,98	0,92	0,3	0,34
Gross Profit Margin	-	-	18,43 %	19,99 %

Rotate your device to see the full table