PIPETOWN AS

1555 SON

Finances

Return on Equity

−32,56 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 000	2 661 000	316 000
Net Income	−127 000	917 000	−74 000
Total Assets	572 000	1 484 000	186 000
Total Equity	390 000	693 000	−44 000

Income (NOK)	2022	2021	2020
Revenue	1 000	2 661 000	316 000
Expenditure	130 000	1 408 000	378 000
Operating Profit	−130 000	1 254 000	−62 000
Financial Income	1 000	1 000	0
Financial Costs	1 000	95 000	12 000
Financial Balance	0	−94 000	−12 000
Earnings Before Tax	−129 000	1 159 000	−74 000
Tax	−2 000	242 000	0
Net Income	−127 000	917 000	−74 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	261 000	288 000	19 000
Total Current Assets	311 000	1 196 000	167 000
Total Assets	572 000	1 484 000	186 000
Total Retained Equity	360 000	663 000	−74 000
Total Equity	390 000	693 000	−44 000
Total Long-Term Debt	0	2 000	0
Total Current Debt	182 000	789 000	230 000
Total Equity and Debt	572 000	1 484 000	186 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	2 661 000	316 000
Other Income	1 000	0	0
Revenue	1 000	2 661 000	316 000
Cost of Goods Sold	20 000	0	5 000
Salary Costs	57 000	967 000	209 000
Depreciation	17 000	15 000	2 000
Impairment	0	0	0
Expenditure	130 000	1 408 000	378 000
Operating Profit	−130 000	1 254 000	−62 000
Financial Income	1 000	1 000	0
Financial Costs	1 000	95 000	12 000
Financial Balance	0	−94 000	−12 000
Dividends	175 000	180 000	0
Net Income	−127 000	917 000	−74 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	71 000	88 000	19 000
Total Tangible Assets	71 000	88 000	19 000
Total Fiancial Fixed Assets	190 000	199 000	0
Total Fixed Assets	261 000	288 000	19 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	311 000	1 184 000	166 000
Total Current Assets	311 000	1 196 000	167 000
Total Assets	572 000	1 484 000	186 000
Total Equity	390 000	693 000	−44 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	2 000	0
Creditors	0	5 000	6 000
Unpaid Taxes	1 000	274 000	101 000
Dividends	175 000	180 000	0
Other Current Debt	181 000	270 000	124 000
Total Current Debt	182 000	789 000	230 000
Total Equity and Debt	572 000	1 484 000	186 000

Financial indicators	2022	2021	2020
Return on Equity	−32,56 %	132,32 %	168,18 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	−13 000 %	47,13 %	−19,62 %
Current Ratio	1,71	1,52	0,73
Quick Ratio	1,71	1,52	0,73
Equity Ratio	0,68	0,47	−0,24
Gross Profit Margin	−1 900 %	100 %	98,42 %