PIPEOTECH AS

4994 AKLAND

Finances

Share Ownership

Return on Equity

−170,72 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 279 000	1 468 000	3 810 000	3 213 000
Net Income	−8 864 000	−5 694 000	−9 602 000	−6 411 000
Total Assets	10 169 000	8 937 000	2 675 000	3 914 000
Total Equity	5 192 000	3 556 000	−9 850 000	−248 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 279 000	1 468 000	3 810 000	3 213 000
Expenditure	11 110 000	7 025 000	13 387 000	9 910 000
Operating Profit	−8 831 000	−5 556 000	−9 577 000	−6 397 000
Financial Income	78 000	1 000	87 000	14 000
Financial Costs	111 000	139 000	113 000	28 000
Financial Balance	−33 000	−138 000	−26 000	−14 000
Earnings Before Tax	−8 864 000	−5 694 000	−9 602 000	−6 411 000
Tax	0	0	0	0
Net Income	−8 864 000	−5 694 000	−9 602 000	−6 411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 517 000	5 608 000	0	0
Total Current Assets	2 652 000	3 330 000	2 675 000	3 914 000
Total Assets	10 169 000	8 937 000	2 675 000	3 914 000
Total Retained Equity	−11 108 000	−21 371 000	−21 371 000	−11 769 000
Total Equity	5 192 000	3 556 000	−9 850 000	−248 000
Total Long-Term Debt	1 625 000	2 125 000	2 500 000	2 500 000
Total Current Debt	3 352 000	3 257 000	10 025 000	1 662 000
Total Equity and Debt	10 169 000	8 937 000	2 675 000	3 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 815 000	932 000	3 810 000	3 213 000
Other Income	465 000	537 000	0	0
Revenue	2 279 000	1 468 000	3 810 000	3 213 000
Cost of Goods Sold	1 815 000	689 000	2 108 000	1 562 000
Salary Costs	5 734 000	2 745 000	4 737 000	3 404 000
Depreciation	294 000	48 000	0	0
Impairment	0	0	0	0
Expenditure	11 110 000	7 025 000	13 387 000	9 910 000
Operating Profit	−8 831 000	−5 556 000	−9 577 000	−6 397 000
Financial Income	78 000	1 000	87 000	14 000
Financial Costs	111 000	139 000	113 000	28 000
Financial Balance	−33 000	−138 000	−26 000	−14 000
Dividends	0	0	0	0
Net Income	−8 864 000	−5 694 000	−9 602 000	−6 411 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 173 000	4 970 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	344 000	638 000	0	0
Total Tangible Assets	344 000	638 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 517 000	5 608 000	0	0
Stock	1 261 000	2 026 000	2 000 000	2 295 000
Total Investments	0	0	0	0
Cash, Bank	631 000	714 000	706 000	489 000
Total Current Assets	2 652 000	3 330 000	2 675 000	3 914 000
Total Assets	10 169 000	8 937 000	2 675 000	3 914 000
Total Equity	5 192 000	3 556 000	−9 850 000	−248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 625 000	2 125 000	2 500 000	2 500 000
Creditors	286 000	816 000	797 000	71 000
Unpaid Taxes	145 000	254 000	160 000	282 000
Dividends	0	0	0	0
Other Current Debt	2 921 000	2 187 000	9 068 000	1 308 000
Total Current Debt	3 352 000	3 257 000	10 025 000	1 662 000
Total Equity and Debt	10 169 000	8 937 000	2 675 000	3 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−170,72 %	−160,12 %	97,48 %	2 585,08 %
Debt-to-Equity Ratio	0,31	0,6	−0,25	−10,08
Operating Profit Margin	−387,49 %	−378,47 %	−251,36 %	−199,1 %
Current Ratio	0,79	1,02	0,27	2,35
Quick Ratio	1,27	2,71	0,33	−6,18
Equity Ratio	0,51	0,4	−3,68	−0,06
Gross Profit Margin	20,36 %	53,07 %	44,67 %	51,38 %