PRECISE PREDICTION HOLDING AS

1337 SANDVIKA

Finances

Return on Equity

−2,83 %

Current Ratio

0,41

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 440 000	1 590 000	2 528 000
Net Income	−1 222 000	−1 152 000	−1 766 000	−97 978 000
Total Assets	59 808 000	59 825 000	59 838 000	60 144 000
Total Equity	43 119 000	44 342 000	44 974 000	42 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 440 000	1 590 000	2 528 000
Expenditure	2 013 000	2 024 000	2 904 000	5 403 000
Operating Profit	−574 000	−584 000	−1 314 000	−2 876 000
Financial Income	2 000	0	836 000	2 617 000
Financial Costs	651 000	568 000	1 288 000	97 720 000
Financial Balance	−649 000	−568 000	−452 000	−95 103 000
Earnings Before Tax	−1 222 000	−1 152 000	−1 766 000	−97 978 000
Tax	0	0	0	0
Net Income	−1 222 000	−1 152 000	−1 766 000	−97 978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 527 000	59 527 000	59 527 000	59 529 000
Total Current Assets	280 000	298 000	310 000	615 000
Total Assets	59 808 000	59 825 000	59 838 000	60 144 000
Total Retained Equity	0	0	0	0
Total Equity	43 119 000	44 342 000	44 974 000	42 989 000
Total Long-Term Debt	16 010 000	4 810 000	9 300 000	13 800 000
Total Current Debt	678 000	10 674 000	5 564 000	3 355 000
Total Equity and Debt	59 808 000	59 825 000	59 838 000	60 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 440 000	1 440 000	1 590 000	2 528 000
Other Income	0	0	0	0
Revenue	1 440 000	1 440 000	1 590 000	2 528 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	1 529 000	1 399 000	1 897 000	1 919 000
Depreciation	0	0	2 000	8 000
Impairment	0	0	0	0
Expenditure	2 013 000	2 024 000	2 904 000	5 403 000
Operating Profit	−574 000	−584 000	−1 314 000	−2 876 000
Financial Income	2 000	0	836 000	2 617 000
Financial Costs	651 000	568 000	1 288 000	97 720 000
Financial Balance	−649 000	−568 000	−452 000	−95 103 000
Dividends	0	0	0	0
Net Income	−1 222 000	−1 152 000	−1 766 000	−97 978 000

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	2 000
Total Tangible Assets	0	0	0	2 000
Total Fiancial Fixed Assets	59 527 000	59 527 000	59 527 000	59 527 000
Total Fixed Assets	59 527 000	59 527 000	59 527 000	59 529 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	127 000	145 000	157 000	424 000
Total Current Assets	280 000	298 000	310 000	615 000
Total Assets	59 808 000	59 825 000	59 838 000	60 144 000
Total Equity	43 119 000	44 342 000	44 974 000	42 989 000
Short-Term Group Debt	247 000	6 937 000	5 147 000	2 787 000
Total Long-Term Debt	16 010 000	4 810 000	9 300 000	13 800 000
Creditors	30 000	18 000	39 000	49 000
Unpaid Taxes	194 000	131 000	148 000	178 000
Dividends	0	0	0	0
Other Current Debt	208 000	3 588 000	230 000	341 000
Total Current Debt	678 000	10 674 000	5 564 000	3 355 000
Total Equity and Debt	59 808 000	59 825 000	59 838 000	60 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,83 %	−2,6 %	−3,93 %	−227,91 %
Debt-to-Equity Ratio	0,37	0,11	0,21	0,32
Operating Profit Margin	−39,86 %	−40,56 %	−82,64 %	−113,77 %
Current Ratio	0,41	0,03	0,06	0,18
Quick Ratio	0,41	0,03	0,06	0,18
Equity Ratio	0,72	0,74	0,75	0,71
Gross Profit Margin	100 %	100 %	100 %	99,96 %