PIERO AS

0374 OSLO

Finances

Return on Equity

−70,44 %

Current Ratio

4,34

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 056 000	7 304 000	2 161 000	2 338 000
Net Income	−8 390 000	11 507 000	−7 345 000	−5 250 000
Total Assets	29 245 000	41 531 000	27 796 000	36 158 000
Total Equity	11 911 000	22 801 000	16 543 000	31 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 056 000	7 304 000	2 161 000	2 338 000
Expenditure	14 803 000	−4 524 000	9 531 000	7 564 000
Operating Profit	−7 747 000	11 828 000	−7 370 000	−5 226 000
Financial Income	0	7 000	47 000	0
Financial Costs	787 000	429 000	14 000	45 000
Financial Balance	−787 000	−422 000	33 000	−45 000
Earnings Before Tax	−8 534 000	11 406 000	−7 337 000	−5 271 000
Tax	−144 000	−101 000	8 000	−20 000
Net Income	−8 390 000	11 507 000	−7 345 000	−5 250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 214 000	25 566 000	27 440 000	35 788 000
Total Current Assets	11 031 000	15 965 000	356 000	370 000
Total Assets	29 245 000	41 531 000	27 796 000	36 158 000
Total Retained Equity	6 197 000	17 087 000	10 830 000	26 075 000
Total Equity	11 911 000	22 801 000	16 543 000	31 788 000
Total Long-Term Debt	14 795 000	13 451 000	3 029 000	3 465 000
Total Current Debt	2 539 000	5 280 000	8 224 000	905 000
Total Equity and Debt	29 245 000	41 531 000	27 796 000	36 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 056 000	7 304 000	2 161 000	2 338 000
Revenue	7 056 000	7 304 000	2 161 000	2 338 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 803 000	−4 524 000	9 531 000	7 564 000
Operating Profit	−7 747 000	11 828 000	−7 370 000	−5 226 000
Financial Income	0	7 000	47 000	0
Financial Costs	787 000	429 000	14 000	45 000
Financial Balance	−787 000	−422 000	33 000	−45 000
Dividends	2 500 000	5 250 000	7 900 000	600 000
Net Income	−8 390 000	11 507 000	−7 345 000	−5 250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	503 000	359 000	257 000	265 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	17 711 000	25 207 000	27 182 000	35 522 000
Total Fixed Assets	18 214 000	25 566 000	27 440 000	35 788 000
Stock	0	0	0	0
Total Investments	9 059 000	14 895 000	0	0
Cash, Bank	627 000	251 000	42 000	96 000
Total Current Assets	11 031 000	15 965 000	356 000	370 000
Total Assets	29 245 000	41 531 000	27 796 000	36 158 000
Total Equity	11 911 000	22 801 000	16 543 000	31 788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 795 000	13 451 000	3 029 000	3 465 000
Creditors	0	0	0	14 000
Unpaid Taxes	0	0	0	0
Dividends	2 500 000	5 250 000	7 900 000	600 000
Other Current Debt	39 000	30 000	324 000	291 000
Total Current Debt	2 539 000	5 280 000	8 224 000	905 000
Total Equity and Debt	29 245 000	41 531 000	27 796 000	36 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,44 %	50,47 %	−44,4 %	−16,52 %
Debt-to-Equity Ratio	1,24	0,59	0,18	0,11
Operating Profit Margin	−109,79 %	161,94 %	−341,05 %	−223,52 %
Current Ratio	4,34	3,02	0,04	0,41
Quick Ratio	4,34	3,02	0,04	0,41
Equity Ratio	0,41	0,55	0,6	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %