PIONAIR AS

1459 NESODDEN

Finances

Share Ownership

Return on Equity

−174,37 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	642 000	5 000	91 000
Net Income	−415 000	−268 000	−329 000
Total Assets	431 000	668 000	159 000
Total Equity	238 000	153 000	121 000

Income (NOK)	2022	2021	2020
Revenue	642 000	5 000	91 000
Expenditure	1 053 000	275 000	420 000
Operating Profit	−410 000	−270 000	−329 000
Financial Income	34 000	2 000	0
Financial Costs	38 000	0	0
Financial Balance	−4 000	2 000	0
Earnings Before Tax	−415 000	−268 000	−329 000
Tax	0	0	0
Net Income	−415 000	−268 000	−329 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	56 000
Total Current Assets	431 000	668 000	103 000
Total Assets	431 000	668 000	159 000
Total Retained Equity	−1 012 000	−597 000	−329 000
Total Equity	238 000	153 000	121 000
Total Long-Term Debt	0	0	0
Total Current Debt	193 000	515 000	38 000
Total Equity and Debt	431 000	668 000	159 000

Cash flow (NOK)	2022	2021	2020
Sales Income	642 000	5 000	91 000
Other Income	0	0	0
Revenue	642 000	5 000	91 000
Cost of Goods Sold	280 000	0	87 000
Salary Costs	668 000	148 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 053 000	275 000	420 000
Operating Profit	−410 000	−270 000	−329 000
Financial Income	34 000	2 000	0
Financial Costs	38 000	0	0
Financial Balance	−4 000	2 000	0
Dividends	0	0	0
Net Income	−415 000	−268 000	−329 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	56 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	56 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	430 000	668 000	78 000
Total Current Assets	431 000	668 000	103 000
Total Assets	431 000	668 000	159 000
Total Equity	238 000	153 000	121 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	3 000	3 000
Unpaid Taxes	57 000	45 000	0
Dividends	0	0	0
Other Current Debt	137 000	467 000	35 000
Total Current Debt	193 000	515 000	38 000
Total Equity and Debt	431 000	668 000	159 000

Financial indicators	2022	2021	2020
Return on Equity	−174,37 %	−175,16 %	−271,9 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−63,86 %	−5 400 %	−361,54 %
Current Ratio	2,23	1,3	2,71
Quick Ratio	2,23	1,3	2,71
Equity Ratio	0,55	0,23	0,76
Gross Profit Margin	56,39 %	100 %	4,4 %