PIPE PILOT AS

5550 SVEIO

Finances

Share Ownership

Return on Equity

7,07 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	30 000	120 000
Net Income	−66 000	−219 000	94 000	−320 000
Total Assets	289 000	289 000	220 000	82 000
Total Equity	−934 000	−868 000	−649 000	−744 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	30 000	120 000
Expenditure	85 000	280 000	125 000	435 000
Operating Profit	−85 000	−280 000	−95 000	−315 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	5 000
Financial Balance	0	0	−2 000	−5 000
Earnings Before Tax	−85 000	−281 000	−97 000	−320 000
Tax	−19 000	−62 000	−191 000	0
Net Income	−66 000	−219 000	94 000	−320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 000	253 000	191 000	0
Total Current Assets	18 000	35 000	28 000	82 000
Total Assets	289 000	289 000	220 000	82 000
Total Retained Equity	−964 000	−898 000	−679 000	−774 000
Total Equity	−934 000	−868 000	−649 000	−744 000
Total Long-Term Debt	0	4 000	11 000	42 000
Total Current Debt	1 224 000	1 152 000	858 000	784 000
Total Equity and Debt	289 000	289 000	220 000	82 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	60 000	120 000
Other Income	0	0	−30 000	0
Revenue	0	0	30 000	120 000
Cost of Goods Sold	0	0	1 000	1 000
Salary Costs	1 000	1 000	2 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 000	280 000	125 000	435 000
Operating Profit	−85 000	−280 000	−95 000	−315 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	5 000
Financial Balance	0	0	−2 000	−5 000
Dividends	0	0	0	0
Net Income	−66 000	−219 000	94 000	−320 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	272 000	253 000	191 000	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	0	0	0	0
Total Fixed Assets	272 000	253 000	191 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	30 000	28 000	47 000
Total Current Assets	18 000	35 000	28 000	82 000
Total Assets	289 000	289 000	220 000	82 000
Total Equity	−934 000	−868 000	−649 000	−744 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	11 000	42 000
Creditors	64 000	70 000	65 000	54 000
Unpaid Taxes	0	0	5 000	6 000
Dividends	0	0	0	0
Other Current Debt	1 160 000	1 082 000	788 000	724 000
Total Current Debt	1 224 000	1 152 000	858 000	784 000
Total Equity and Debt	289 000	289 000	220 000	82 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,07 %	25,23 %	−14,48 %	43,01 %
Debt-to-Equity Ratio	−0	−0	−0,02	−0,06
Operating Profit Margin	-	-	−316,67 %	−262,5 %
Current Ratio	0,01	0,03	0,03	0,1
Quick Ratio	0,01	0,03	0,03	0,1
Equity Ratio	−3,23	−3	−2,95	−9,07
Gross Profit Margin	-	-	96,67 %	99,17 %