PRO-PIPE NORWAY AS

3019 DRAMMEN

Finances

Share Ownership

Return on Equity

60,56 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 584 000	32 844 000	56 933 000	41 470 000
Net Income	2 854 000	−879 000	2 158 000	4 086 000
Total Assets	19 655 000	15 877 000	17 432 000	14 924 000
Total Equity	4 713 000	1 859 000	1 988 000	579 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 584 000	32 844 000	56 933 000	41 470 000
Expenditure	52 415 000	33 400 000	54 136 000	35 684 000
Operating Profit	4 169 000	−556 000	2 798 000	5 787 000
Financial Income	172 000	182 000	1 303 000	222 000
Financial Costs	704 000	802 000	1 333 000	769 000
Financial Balance	−532 000	−620 000	−30 000	−547 000
Earnings Before Tax	3 638 000	−1 176 000	2 767 000	5 239 000
Tax	783 000	−297 000	609 000	1 153 000
Net Income	2 854 000	−879 000	2 158 000	4 086 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 719 000	3 970 000	197 000	806 000
Total Current Assets	17 936 000	11 907 000	17 235 000	14 117 000
Total Assets	19 655 000	15 877 000	17 432 000	14 924 000
Total Retained Equity	4 601 000	1 747 000	1 876 000	467 000
Total Equity	4 713 000	1 859 000	1 988 000	579 000
Total Long-Term Debt	0	0	2 070 000	0
Total Current Debt	14 942 000	14 018 000	13 373 000	14 344 000
Total Equity and Debt	19 655 000	15 877 000	17 432 000	14 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 584 000	32 536 000	55 860 000	40 970 000
Other Income	0	308 000	1 073 000	500 000
Revenue	56 584 000	32 844 000	56 933 000	41 470 000
Cost of Goods Sold	28 582 000	8 536 000	23 159 000	16 067 000
Salary Costs	14 028 000	13 636 000	18 533 000	13 865 000
Depreciation	0	0	1 000	17 000
Impairment	0	0	0	0
Expenditure	52 415 000	33 400 000	54 136 000	35 684 000
Operating Profit	4 169 000	−556 000	2 798 000	5 787 000
Financial Income	172 000	182 000	1 303 000	222 000
Financial Costs	704 000	802 000	1 333 000	769 000
Financial Balance	−532 000	−620 000	−30 000	−547 000
Dividends	0	0	750 000	0
Net Income	2 854 000	−879 000	2 158 000	4 086 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 000	494 000	197 000	805 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	0	0	0	1 000
Total Fiancial Fixed Assets	1 628 000	3 476 000	0	0
Total Fixed Assets	1 719 000	3 970 000	197 000	806 000
Stock	984 000	1 049 000	500 000	406 000
Total Investments	0	0	0	0
Cash, Bank	802 000	1 210 000	718 000	340 000
Total Current Assets	17 936 000	11 907 000	17 235 000	14 117 000
Total Assets	19 655 000	15 877 000	17 432 000	14 924 000
Total Equity	4 713 000	1 859 000	1 988 000	579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 070 000	0
Creditors	4 083 000	1 748 000	2 153 000	5 718 000
Unpaid Taxes	2 551 000	2 777 000	2 182 000	1 329 000
Dividends	0	0	750 000	0
Other Current Debt	809 000	2 888 000	1 271 000	756 000
Total Current Debt	14 942 000	14 018 000	13 373 000	14 344 000
Total Equity and Debt	19 655 000	15 877 000	17 432 000	14 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,56 %	−47,28 %	108,55 %	705,7 %
Debt-to-Equity Ratio	0	0	1,04	0
Operating Profit Margin	7,37 %	−1,69 %	4,91 %	13,95 %
Current Ratio	1,2	0,85	1,29	0,98
Quick Ratio	1,28	0,92	1,34	1,01
Equity Ratio	0,24	0,12	0,11	0,04
Gross Profit Margin	49,49 %	74,01 %	59,32 %	61,26 %