PIREUS AS

3040 DRAMMEN

Finances

Share Ownership

Return on Equity

50 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 100 000	800 000	1 475 000	1 290 000
Net Income	64 000	−52 000	171 000	−136 000
Total Assets	328 000	302 000	494 000	242 000
Total Equity	128 000	65 000	117 000	−55 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 100 000	800 000	1 475 000	1 290 000
Expenditure	1 037 000	852 000	1 304 000	1 428 000
Operating Profit	64 000	−52 000	171 000	−139 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Earnings Before Tax	64 000	−52 000	171 000	−136 000
Tax	0	0	0	0
Net Income	64 000	−52 000	171 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	28 000	0	93 000
Total Current Assets	300 000	274 000	494 000	149 000
Total Assets	328 000	302 000	494 000	242 000
Total Retained Equity	98 000	35 000	0	−85 000
Total Equity	128 000	65 000	117 000	−55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	200 000	238 000	377 000	296 000
Total Equity and Debt	328 000	302 000	494 000	242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 100 000	800 000	1 475 000	1 290 000
Other Income	0	0	0	0
Revenue	1 100 000	800 000	1 475 000	1 290 000
Cost of Goods Sold	140 000	124 000	0	0
Salary Costs	657 000	634 000	940 000	987 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 037 000	852 000	1 304 000	1 428 000
Operating Profit	64 000	−52 000	171 000	−139 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Dividends	0	0	0	0
Net Income	64 000	−52 000	171 000	−136 000

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	28 000	28 000	0	93 000
Total Fixed Assets	28 000	28 000	0	93 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	146 000	121 000	340 000	149 000
Total Current Assets	300 000	274 000	494 000	149 000
Total Assets	328 000	302 000	494 000	242 000
Total Equity	128 000	65 000	117 000	−55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	5 000	−20 000	137 000
Unpaid Taxes	90 000	121 000	49 000	125 000
Dividends	0	0	0	0
Other Current Debt	110 000	112 000	347 000	34 000
Total Current Debt	200 000	238 000	377 000	296 000
Total Equity and Debt	328 000	302 000	494 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50 %	−80 %	146,15 %	247,27 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	5,82 %	−6,5 %	11,59 %	−10,78 %
Current Ratio	1,5	1,15	1,31	0,5
Quick Ratio	1,5	1,15	1,31	0,5
Equity Ratio	0,39	0,22	0,24	−0,23
Gross Profit Margin	87,27 %	84,5 %	100 %	100 %