PIONEER ROBOTICS AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

38,05 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 453 000	10 590 000	6 201 000	4 956 000
Net Income	1 008 000	1 107 000	524 000	218 000
Total Assets	5 322 000	5 877 000	3 045 000	2 518 000
Total Equity	2 649 000	2 241 000	1 134 000	610 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 453 000	10 590 000	6 201 000	4 956 000
Expenditure	15 170 000	9 177 000	5 555 000	4 747 000
Operating Profit	1 284 000	1 413 000	646 000	209 000
Financial Income	29 000	1 000	1 000	10 000
Financial Costs	19 000	8 000	1 000	0
Financial Balance	10 000	−7 000	0	10 000
Earnings Before Tax	1 294 000	1 406 000	646 000	218 000
Tax	286 000	300 000	122 000	0
Net Income	1 008 000	1 107 000	524 000	218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 277 000	834 000	334 000	265 000
Total Current Assets	4 045 000	5 043 000	2 712 000	2 253 000
Total Assets	5 322 000	5 877 000	3 045 000	2 518 000
Total Retained Equity	2 154 000	1 746 000	640 000	115 000
Total Equity	2 649 000	2 241 000	1 134 000	610 000
Total Long-Term Debt	6 000	12 000	542 000	300 000
Total Current Debt	2 668 000	3 624 000	1 369 000	1 608 000
Total Equity and Debt	5 322 000	5 877 000	3 045 000	2 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 870 000	9 850 000	5 565 000	4 756 000
Other Income	583 000	740 000	636 000	200 000
Revenue	16 453 000	10 590 000	6 201 000	4 956 000
Cost of Goods Sold	7 525 000	3 892 000	2 655 000	2 949 000
Salary Costs	5 996 000	4 070 000	2 080 000	1 240 000
Depreciation	187 000	184 000	74 000	64 000
Impairment	0	0	0	0
Expenditure	15 170 000	9 177 000	5 555 000	4 747 000
Operating Profit	1 284 000	1 413 000	646 000	209 000
Financial Income	29 000	1 000	1 000	10 000
Financial Costs	19 000	8 000	1 000	0
Financial Balance	10 000	−7 000	0	10 000
Dividends	600 000	0	0	0
Net Income	1 008 000	1 107 000	524 000	218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	794 000	159 000	0	0
Real Eastate	32 000	0	0	0
Machinery and Plant Facilities	67 000	0	0	0
Fixtures	384 000	675 000	334 000	265 000
Total Tangible Assets	483 000	675 000	334 000	265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 277 000	834 000	334 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 929 000	2 594 000	1 895 000	944 000
Total Current Assets	4 045 000	5 043 000	2 712 000	2 253 000
Total Assets	5 322 000	5 877 000	3 045 000	2 518 000
Total Equity	2 649 000	2 241 000	1 134 000	610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	12 000	542 000	300 000
Creditors	645 000	860 000	274 000	855 000
Unpaid Taxes	876 000	943 000	306 000	212 000
Dividends	600 000	0	0	0
Other Current Debt	1 081 000	1 678 000	668 000	541 000
Total Current Debt	2 668 000	3 624 000	1 369 000	1 608 000
Total Equity and Debt	5 322 000	5 877 000	3 045 000	2 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,05 %	49,4 %	46,21 %	35,74 %
Debt-to-Equity Ratio	0	0,01	0,48	0,49
Operating Profit Margin	7,8 %	13,34 %	10,42 %	4,22 %
Current Ratio	1,52	1,39	1,98	1,4
Quick Ratio	1,52	1,39	1,98	1,4
Equity Ratio	0,5	0,38	0,37	0,24
Gross Profit Margin	54,26 %	63,25 %	57,18 %	40,5 %