PIPEFIX AS

6460 EIDSVÅG I ROMSDAL

Finances

Share Ownership

Return on Equity

−100 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 897 000	1 317 000	742 000	535 000
Net Income	−136 000	8 000	69 000	−29 000
Total Assets	812 000	679 000	400 000	300 000
Total Equity	136 000	272 000	264 000	196 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 897 000	1 317 000	742 000	535 000
Expenditure	2 070 000	1 307 000	649 000	571 000
Operating Profit	−173 000	10 000	93 000	−34 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	−175 000	10 000	93 000	−34 000
Tax	−38 000	2 000	24 000	−5 000
Net Income	−136 000	8 000	69 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	62 000	94 000	129 000
Total Current Assets	704 000	618 000	306 000	171 000
Total Assets	812 000	679 000	400 000	300 000
Total Retained Equity	112 000	248 000	240 000	172 000
Total Equity	136 000	272 000	264 000	196 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	677 000	407 000	135 000	104 000
Total Equity and Debt	812 000	679 000	400 000	300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 897 000	1 317 000	742 000	535 000
Other Income	0	0	0	0
Revenue	1 897 000	1 317 000	742 000	535 000
Cost of Goods Sold	582 000	388 000	248 000	140 000
Salary Costs	1 095 000	629 000	186 000	198 000
Depreciation	38 000	35 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	2 070 000	1 307 000	649 000	571 000
Operating Profit	−173 000	10 000	93 000	−34 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	−136 000	8 000	69 000	−29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	3 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	67 000	59 000	94 000	129 000
Fixtures	0	0	0	0
Total Tangible Assets	67 000	59 000	94 000	129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	62 000	94 000	129 000
Stock	60 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	633 000	610 000	306 000	171 000
Total Current Assets	704 000	618 000	306 000	171 000
Total Assets	812 000	679 000	400 000	300 000
Total Equity	136 000	272 000	264 000	196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	1 000	0	0	0
Unpaid Taxes	552 000	342 000	92 000	86 000
Dividends	0	0	0	0
Other Current Debt	123 000	58 000	19 000	18 000
Total Current Debt	677 000	407 000	135 000	104 000
Total Equity and Debt	812 000	679 000	400 000	300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100 %	2,94 %	26,14 %	−14,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,12 %	0,76 %	12,53 %	−6,36 %
Current Ratio	1,04	1,52	2,27	1,64
Quick Ratio	1,14	1,52	2,27	1,64
Equity Ratio	0,17	0,4	0,66	0,65
Gross Profit Margin	69,32 %	70,54 %	66,58 %	73,83 %