PYTHEAS AS

0255 OSLO

Finances

Share Ownership

Return on Equity

64,74 %

Current Ratio

−6,06

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 485 000	2 864 000	1 641 000	2 384 000
Net Income	1 430 000	290 000	−16 000	132 000
Total Assets	1 957 000	1 117 000	616 000	933 000
Total Equity	2 209 000	779 000	529 000	393 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 485 000	2 864 000	1 641 000	2 384 000
Expenditure	1 914 000	2 696 000	1 824 000	2 329 000
Operating Profit	1 571 000	168 000	−182 000	55 000
Financial Income	275 000	224 000	151 000	137 000
Financial Costs	7 000	3 000	1 000	5 000
Financial Balance	268 000	221 000	150 000	132 000
Earnings Before Tax	1 839 000	388 000	−32 000	186 000
Tax	409 000	98 000	−16 000	54 000
Net Income	1 430 000	290 000	−16 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	17 000
Total Current Assets	1 957 000	1 117 000	616 000	917 000
Total Assets	1 957 000	1 117 000	616 000	933 000
Total Retained Equity	2 179 000	755 000	505 000	368 000
Total Equity	2 209 000	779 000	529 000	393 000
Total Long-Term Debt	70 000	27 000	0	0
Total Current Debt	−323 000	310 000	87 000	540 000
Total Equity and Debt	1 957 000	1 117 000	616 000	933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 485 000	2 864 000	1 634 000	2 384 000
Other Income	0	0	8 000	0
Revenue	3 485 000	2 864 000	1 641 000	2 384 000
Cost of Goods Sold	1 216 000	1 790 000	904 000	1 483 000
Salary Costs	523 000	614 000	530 000	531 000
Depreciation	0	0	0	10 000
Impairment	0	0	0	0
Expenditure	1 914 000	2 696 000	1 824 000	2 329 000
Operating Profit	1 571 000	168 000	−182 000	55 000
Financial Income	275 000	224 000	151 000	137 000
Financial Costs	7 000	3 000	1 000	5 000
Financial Balance	268 000	221 000	150 000	132 000
Dividends	0	40 000	0	0
Net Income	1 430 000	290 000	−16 000	132 000

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	0	0	0	17 000
Total Fixed Assets	0	0	0	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 335 000	475 000	219 000	21 000
Total Current Assets	1 957 000	1 117 000	616 000	917 000
Total Assets	1 957 000	1 117 000	616 000	933 000
Total Equity	2 209 000	779 000	529 000	393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	27 000	0	0
Creditors	38 000	165 000	37 000	346 000
Unpaid Taxes	34 000	23 000	27 000	36 000
Dividends	0	40 000	0	0
Other Current Debt	48 000	52 000	23 000	104 000
Total Current Debt	−323 000	310 000	87 000	540 000
Total Equity and Debt	1 957 000	1 117 000	616 000	933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,74 %	37,23 %	−3,02 %	33,59 %
Debt-to-Equity Ratio	0,03	0,03	0	0
Operating Profit Margin	45,08 %	5,87 %	−11,09 %	2,31 %
Current Ratio	−6,06	3,6	7,08	1,7
Quick Ratio	−6,06	3,6	7,08	1,7
Equity Ratio	1,13	0,7	0,86	0,42
Gross Profit Margin	65,11 %	37,5 %	44,91 %	37,79 %