PITRON EIENDOM AS

4838 ARENDAL

Finances

Return on Equity

9,47 %

Current Ratio

Debt-to-Equity Ratio

3,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	999 000	875 000	882 000	880 000
Net Income	140 000	233 000	209 000	192 000
Total Assets	7 557 000	7 678 000	7 718 000	8 123 000
Total Equity	1 478 000	1 338 000	1 106 000	897 000

Income (NOK)	2022	2021	2020	2019
Revenue	999 000	875 000	882 000	880 000
Expenditure	582 000	411 000	408 000	375 000
Operating Profit	417 000	464 000	475 000	505 000
Financial Income	0	0	0	0
Financial Costs	238 000	166 000	207 000	259 000
Financial Balance	−238 000	−166 000	−207 000	−259 000
Earnings Before Tax	179 000	298 000	267 000	246 000
Tax	39 000	66 000	59 000	54 000
Net Income	140 000	233 000	209 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 030 000	7 162 000	7 190 000	7 372 000
Total Current Assets	527 000	516 000	528 000	751 000
Total Assets	7 557 000	7 678 000	7 718 000	8 123 000
Total Retained Equity	1 448 000	1 308 000	1 076 000	867 000
Total Equity	1 478 000	1 338 000	1 106 000	897 000
Total Long-Term Debt	5 551 000	5 867 000	6 183 000	6 494 000
Total Current Debt	528 000	473 000	430 000	732 000
Total Equity and Debt	7 557 000	7 678 000	7 718 000	8 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	999 000	875 000	882 000	880 000
Other Income	0	0	0	0
Revenue	999 000	875 000	882 000	880 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 000	10 000	0	0
Depreciation	182 000	182 000	182 000	180 000
Impairment	0	0	0	0
Expenditure	582 000	411 000	408 000	375 000
Operating Profit	417 000	464 000	475 000	505 000
Financial Income	0	0	0	0
Financial Costs	238 000	166 000	207 000	259 000
Financial Balance	−238 000	−166 000	−207 000	−259 000
Dividends	0	0	0	0
Net Income	140 000	233 000	209 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 974 000	7 153 000	7 177 000	7 355 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	9 000	13 000	17 000
Total Tangible Assets	6 980 000	7 162 000	7 190 000	7 372 000
Total Fiancial Fixed Assets	50 000	0	0	0
Total Fixed Assets	7 030 000	7 162 000	7 190 000	7 372 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	524 000	512 000	528 000	630 000
Total Current Assets	527 000	516 000	528 000	751 000
Total Assets	7 557 000	7 678 000	7 718 000	8 123 000
Total Equity	1 478 000	1 338 000	1 106 000	897 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 551 000	5 867 000	6 183 000	6 494 000
Creditors	85 000	21 000	4 000	5 000
Unpaid Taxes	18 000	28 000	23 000	17 000
Dividends	0	0	0	0
Other Current Debt	377 000	351 000	341 000	652 000
Total Current Debt	528 000	473 000	430 000	732 000
Total Equity and Debt	7 557 000	7 678 000	7 718 000	8 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,47 %	17,41 %	18,9 %	21,4 %
Debt-to-Equity Ratio	3,76	4,38	5,59	7,24
Operating Profit Margin	41,74 %	53,03 %	53,85 %	57,39 %
Current Ratio	1	1,09	1,23	1,03
Quick Ratio	1	1,09	1,23	1,03
Equity Ratio	0,2	0,17	0,14	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %