ULTIMAT ARTIST AS

1440 DRØBAK

Finances

Return on Equity

28,01 %

Current Ratio

172,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	6 000	0	9 000
Net Income	1 297 000	86 000	7 410 000	1 253 000
Total Assets	4 657 000	3 360 000	3 274 000	361 000
Total Equity	4 630 000	3 333 000	3 247 000	337 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	6 000	0	9 000
Expenditure	50 000	79 000	32 000	101 000
Operating Profit	−39 000	−73 000	−33 000	−92 000
Financial Income	1 556 000	227 000	7 443 000	1 345 000
Financial Costs	220 000	68 000	0	0
Financial Balance	1 336 000	159 000	7 443 000	1 345 000
Earnings Before Tax	1 297 000	86 000	7 410 000	1 253 000
Tax	0	0	0	0
Net Income	1 297 000	86 000	7 410 000	1 253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	16 000	98 000	243 000
Total Current Assets	4 657 000	3 344 000	3 176 000	118 000
Total Assets	4 657 000	3 360 000	3 274 000	361 000
Total Retained Equity	4 600 000	3 303 000	3 217 000	307 000
Total Equity	4 630 000	3 333 000	3 247 000	337 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	27 000	27 000	27 000	24 000
Total Equity and Debt	4 657 000	3 360 000	3 274 000	361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	6 000	0	9 000
Other Income	0	0	0	0
Revenue	11 000	6 000	0	9 000
Cost of Goods Sold	0	0	0	19 000
Salary Costs	0	0	0	0
Depreciation	15 000	15 000	9 000	13 000
Impairment	0	0	0	0
Expenditure	50 000	79 000	32 000	101 000
Operating Profit	−39 000	−73 000	−33 000	−92 000
Financial Income	1 556 000	227 000	7 443 000	1 345 000
Financial Costs	220 000	68 000	0	0
Financial Balance	1 336 000	159 000	7 443 000	1 345 000
Dividends	0	0	4 500 000	1 540 000
Net Income	1 297 000	86 000	7 410 000	1 253 000

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	0	15 000	30 000	39 000
Total Tangible Assets	0	15 000	30 000	39 000
Total Fiancial Fixed Assets	0	1 000	68 000	204 000
Total Fixed Assets	0	16 000	98 000	243 000
Stock	0	0	0	0
Total Investments	1 934 000	2 173 000	0	0
Cash, Bank	2 723 000	1 171 000	3 176 000	110 000
Total Current Assets	4 657 000	3 344 000	3 176 000	118 000
Total Assets	4 657 000	3 360 000	3 274 000	361 000
Total Equity	4 630 000	3 333 000	3 247 000	337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	4 500 000	1 540 000
Other Current Debt	27 000	27 000	27 000	24 000
Total Current Debt	27 000	27 000	27 000	24 000
Total Equity and Debt	4 657 000	3 360 000	3 274 000	361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,01 %	2,58 %	228,21 %	371,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−354,55 %	−1 216,67 %	-	−1 022,22 %
Current Ratio	172,48	123,85	117,63	4,92
Quick Ratio	172,48	123,85	117,63	4,92
Equity Ratio	0,99	0,99	0,99	0,93
Gross Profit Margin	100 %	100 %	-	−111,11 %