ART SAFARI AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

131,15 %

Current Ratio

0,9

Debt-to-Equity Ratio

−1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	769 000	775 000	276 000	304 000
Net Income	−240 000	289 000	−121 000	−113 000
Total Assets	269 000	741 000	515 000	733 000
Total Equity	−183 000	56 000	−255 000	−133 000

Income (NOK)	2022	2021	2020	2019
Revenue	769 000	775 000	276 000	304 000
Expenditure	1 006 000	432 000	386 000	399 000
Operating Profit	−237 000	344 000	−110 000	−96 000
Financial Income	1 000	2 000	3 000	3 000
Financial Costs	4 000	8 000	15 000	20 000
Financial Balance	−3 000	−6 000	−12 000	−17 000
Earnings Before Tax	−240 000	339 000	−121 000	−113 000
Tax	0	50 000	0	0
Net Income	−240 000	289 000	−121 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	330 000	431 000	532 000
Total Current Assets	155 000	411 000	84 000	201 000
Total Assets	269 000	741 000	515 000	733 000
Total Retained Equity	−203 000	36 000	−275 000	−153 000
Total Equity	−183 000	56 000	−255 000	−133 000
Total Long-Term Debt	279 000	79 000	167 000	248 000
Total Current Debt	173 000	606 000	603 000	619 000
Total Equity and Debt	269 000	741 000	515 000	733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	753 000	358 000	276 000	287 000
Other Income	16 000	418 000	0	17 000
Revenue	769 000	775 000	276 000	304 000
Cost of Goods Sold	23 000	18 000	13 000	37 000
Salary Costs	506 000	133 000	46 000	0
Depreciation	83 000	101 000	101 000	104 000
Impairment	0	0	0	0
Expenditure	1 006 000	432 000	386 000	399 000
Operating Profit	−237 000	344 000	−110 000	−96 000
Financial Income	1 000	2 000	3 000	3 000
Financial Costs	4 000	8 000	15 000	20 000
Financial Balance	−3 000	−6 000	−12 000	−17 000
Dividends	0	0	0	0
Net Income	−240 000	289 000	−121 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
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	87 000	144 000	208 000	272 000
Total Tangible Assets	114 000	320 000	421 000	522 000
Total Fiancial Fixed Assets	0	10 000	10 000	10 000
Total Fixed Assets	114 000	330 000	431 000	532 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	380 000	39 000	4 000
Total Current Assets	155 000	411 000	84 000	201 000
Total Assets	269 000	741 000	515 000	733 000
Total Equity	−183 000	56 000	−255 000	−133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	279 000	79 000	167 000	248 000
Creditors	8 000	59 000	79 000	68 000
Unpaid Taxes	44 000	−3 000	6 000	−5 000
Dividends	0	0	0	0
Other Current Debt	121 000	499 000	517 000	556 000
Total Current Debt	173 000	606 000	603 000	619 000
Total Equity and Debt	269 000	741 000	515 000	733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	131,15 %	516,07 %	47,45 %	84,96 %
Debt-to-Equity Ratio	−1,52	1,41	−0,65	−1,86
Operating Profit Margin	−30,82 %	44,39 %	−39,86 %	−31,58 %
Current Ratio	0,9	0,68	0,14	0,32
Quick Ratio	0,9	0,68	0,14	0,32
Equity Ratio	−0,68	0,08	−0,5	−0,18
Gross Profit Margin	97,01 %	97,68 %	95,29 %	87,83 %