PINGEN AS

0274 OSLO

Finances

Return on Equity

14,8 %

Current Ratio

4,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 346 000	2 016 000	4 600 000	1 121 000
Net Income	1 605 000	1 621 000	2 269 000	858 000
Total Assets	12 619 000	11 053 000	9 303 000	5 943 000
Total Equity	10 847 000	9 242 000	7 621 000	5 352 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 346 000	2 016 000	4 600 000	1 121 000
Expenditure	168 000	171 000	200 000	202 000
Operating Profit	1 178 000	1 845 000	2 801 000	919 000
Financial Income	797 000	237 000	109 000	181 000
Financial Costs	0	0	1 000	0
Financial Balance	797 000	237 000	108 000	181 000
Earnings Before Tax	1 974 000	2 082 000	2 909 000	1 101 000
Tax	369 000	461 000	640 000	243 000
Net Income	1 605 000	1 621 000	2 269 000	858 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 949 000	4 934 000	1 914 000	1 767 000
Total Current Assets	7 669 000	6 119 000	7 389 000	4 176 000
Total Assets	12 619 000	11 053 000	9 303 000	5 943 000
Total Retained Equity	10 817 000	9 212 000	7 591 000	5 322 000
Total Equity	10 847 000	9 242 000	7 621 000	5 352 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 772 000	1 812 000	1 682 000	591 000
Total Equity and Debt	12 619 000	11 053 000	9 303 000	5 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 346 000	2 016 000	4 569 000	967 000
Other Income	0	0	31 000	154 000
Revenue	1 346 000	2 016 000	4 600 000	1 121 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	168 000	171 000	200 000	202 000
Operating Profit	1 178 000	1 845 000	2 801 000	919 000
Financial Income	797 000	237 000	109 000	181 000
Financial Costs	0	0	1 000	0
Financial Balance	797 000	237 000	108 000	181 000
Dividends	0	0	0	0
Net Income	1 605 000	1 621 000	2 269 000	858 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	4 949 000	4 934 000	1 914 000	1 767 000
Total Fixed Assets	4 949 000	4 934 000	1 914 000	1 767 000
Stock	0	0	0	1 600 000
Total Investments	0	0	0	0
Cash, Bank	6 373 000	5 513 000	6 990 000	2 153 000
Total Current Assets	7 669 000	6 119 000	7 389 000	4 176 000
Total Assets	12 619 000	11 053 000	9 303 000	5 943 000
Total Equity	10 847 000	9 242 000	7 621 000	5 352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	307 000	293 000	208 000
Unpaid Taxes	89 000	203 000	442 000	95 000
Dividends	0	0	0	0
Other Current Debt	1 312 000	841 000	308 000	45 000
Total Current Debt	1 772 000	1 812 000	1 682 000	591 000
Total Equity and Debt	12 619 000	11 053 000	9 303 000	5 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,8 %	17,54 %	29,77 %	16,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	87,52 %	91,52 %	60,89 %	81,98 %
Current Ratio	4,33	3,38	4,39	7,07
Quick Ratio	4,33	3,38	4,39	−4,14
Equity Ratio	0,86	0,84	0,82	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %