PINELEAF AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

22,47 %

Current Ratio

0,51

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2020	2019	2018	2017
Revenue	5 177 000	360 000	1 467 000	269 000
Net Income	1 345 000	−1 020 000	−301 000	−503 000
Total Assets	11 207 000	5 566 000	2 743 000	770 000
Total Equity	5 986 000	673 000	1 704 000	425 000

Income (NOK)	2020	2019	2018	2017
Revenue	5 177 000	360 000	1 467 000	269 000
Expenditure	3 819 000	1 375 000	1 768 000	773 000
Operating Profit	1 358 000	−1 015 000	−301 000	−503 000
Financial Income	61 000	0	0	0
Financial Costs	74 000	5 000	0	0
Financial Balance	−13 000	−5 000	0	0
Earnings Before Tax	1 345 000	−1 020 000	−301 000	−503 000
Tax	0	0	0	0
Net Income	1 345 000	−1 020 000	−301 000	−503 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	10 222 000	4 542 000	2 176 000	50 000
Total Current Assets	985 000	1 024 000	567 000	720 000
Total Assets	11 207 000	5 566 000	2 743 000	770 000
Total Retained Equity	−223 000	−1 568 000	−548 000	−548 000
Total Equity	5 986 000	673 000	1 704 000	425 000
Total Long-Term Debt	3 288 000	3 896 000	0	100 000
Total Current Debt	1 933 000	997 000	1 039 000	245 000
Total Equity and Debt	11 207 000	5 566 000	2 743 000	770 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	5 177 000	360 000	1 467 000	0
Other Income	0	0	0	269 000
Revenue	5 177 000	360 000	1 467 000	269 000
Cost of Goods Sold	2 000	0	188 000	15 000
Salary Costs	1 178 000	154 000	843 000	532 000
Depreciation	1 259 000	740 000	30 000	2 000
Impairment	0	0	0	0
Expenditure	3 819 000	1 375 000	1 768 000	773 000
Operating Profit	1 358 000	−1 015 000	−301 000	−503 000
Financial Income	61 000	0	0	0
Financial Costs	74 000	5 000	0	0
Financial Balance	−13 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	1 345 000	−1 020 000	−301 000	−503 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	9 958 000	4 394 000	2 028 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	264 000	124 000	138 000	50 000
Total Tangible Assets	264 000	124 000	138 000	50 000
Total Fiancial Fixed Assets	0	24 000	10 000	0
Total Fixed Assets	10 222 000	4 542 000	2 176 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	614 000	126 000	301 000	720 000
Total Current Assets	985 000	1 024 000	567 000	720 000
Total Assets	11 207 000	5 566 000	2 743 000	770 000
Total Equity	5 986 000	673 000	1 704 000	425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 288 000	3 896 000	0	100 000
Creditors	8 000	56 000	0	0
Unpaid Taxes	373 000	170 000	203 000	40 000
Dividends	0	0	0	0
Other Current Debt	1 352 000	771 000	836 000	205 000
Total Current Debt	1 933 000	997 000	1 039 000	245 000
Total Equity and Debt	11 207 000	5 566 000	2 743 000	770 000

Financial indicators	2020	2019	2018	2017
Return on Equity	22,47 %	−151,56 %	−17,66 %	−118,35 %
Debt-to-Equity Ratio	0,55	5,79	0	0,24
Operating Profit Margin	26,23 %	−281,94 %	−20,52 %	−186,99 %
Current Ratio	0,51	1,03	0,55	2,94
Quick Ratio	0,51	1,03	0,55	2,94
Equity Ratio	0,53	0,12	0,62	0,55
Gross Profit Margin	99,96 %	100 %	87,18 %	94,42 %