PIPECLEAN AS

6222 IKORNNES

Finances

Share Ownership

Return on Equity

−400 %

Current Ratio

0,97

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	0	1 000	27 000
Net Income	92 000	−10 000	−39 000	−94 000
Total Assets	650 000	525 000	535 000	560 000
Total Equity	−23 000	−118 000	−108 000	−69 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	0	1 000	27 000
Expenditure	8 000	9 000	38 000	121 000
Operating Profit	92 000	−9 000	−37 000	−94 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	92 000	−10 000	−39 000	−94 000
Tax	0	0	0	0
Net Income	92 000	−10 000	−39 000	−94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	525 000	525 000	525 000
Total Current Assets	650 000	0	10 000	35 000
Total Assets	650 000	525 000	535 000	560 000
Total Retained Equity	−55 000	−148 000	−138 000	−99 000
Total Equity	−23 000	−118 000	−108 000	−69 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	673 000	643 000	643 000	629 000
Total Equity and Debt	650 000	525 000	535 000	560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	0	0	3 000
Other Income	0	0	1 000	23 000
Revenue	100 000	0	1 000	27 000
Cost of Goods Sold	0	0	0	58 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	9 000	38 000	121 000
Operating Profit	92 000	−9 000	−37 000	−94 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	0
Net Income	92 000	−10 000	−39 000	−94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	525 000	0
Total Intangible Assets	0	525 000	525 000	525 000
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	0	525 000	525 000	525 000
Stock	525 000	0	0	0
Total Investments	0	0	10 000	0
Cash, Bank	125 000	0	0	35 000
Total Current Assets	650 000	0	10 000	35 000
Total Assets	650 000	525 000	535 000	560 000
Total Equity	−23 000	−118 000	−108 000	−69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	18 000	18 000	4 000
Unpaid Taxes	22 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	651 000	626 000	625 000	625 000
Total Current Debt	673 000	643 000	643 000	629 000
Total Equity and Debt	650 000	525 000	535 000	560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−400 %	8,47 %	36,11 %	136,23 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	92 %	-	−3 700 %	−348,15 %
Current Ratio	0,97	0	0,02	0,06
Quick Ratio	4,39	0	0,02	0,06
Equity Ratio	−0,04	−0,22	−0,2	−0,12
Gross Profit Margin	100 %	-	100 %	−114,81 %