PIPEGAP AS

4608 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

12,44 %

Current Ratio

Debt-to-Equity Ratio

−1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	1 750 000	1 844 000	2 077 000
Net Income	−83 000	98 000	−20 000	−1 007 000
Total Assets	406 000	1 033 000	1 690 000	3 169 000
Total Equity	−667 000	−605 000	−1 063 000	−1 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	1 750 000	1 844 000	2 077 000
Expenditure	170 000	1 686 000	1 874 000	3 017 000
Operating Profit	−59 000	64 000	−30 000	−940 000
Financial Income	2 000	23 000	101 000	40 000
Financial Costs	33 000	90 000	115 000	133 000
Financial Balance	−31 000	−67 000	−14 000	−93 000
Earnings Before Tax	−89 000	−3 000	−44 000	−1 033 000
Tax	−6 000	−101 000	−24 000	−26 000
Net Income	−83 000	98 000	−20 000	−1 007 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	28 000	34 000	20 000
Total Current Assets	384 000	1 005 000	1 656 000	3 149 000
Total Assets	406 000	1 033 000	1 690 000	3 169 000
Total Retained Equity	−1 352 000	−1 269 000	−1 367 000	−1 347 000
Total Equity	−667 000	−605 000	−1 063 000	−1 127 000
Total Long-Term Debt	1 041 000	1 458 000	2 515 000	3 865 000
Total Current Debt	32 000	180 000	237 000	431 000
Total Equity and Debt	406 000	1 033 000	1 690 000	3 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 000	1 750 000	1 844 000	2 077 000
Other Income	0	0	0	0
Revenue	112 000	1 750 000	1 844 000	2 077 000
Cost of Goods Sold	0	1 325 000	1 054 000	1 690 000
Salary Costs	100 000	92 000	263 000	627 000
Depreciation	6 000	6 000	4 000	0
Impairment	0	0	0	0
Expenditure	170 000	1 686 000	1 874 000	3 017 000
Operating Profit	−59 000	64 000	−30 000	−940 000
Financial Income	2 000	23 000	101 000	40 000
Financial Costs	33 000	90 000	115 000	133 000
Financial Balance	−31 000	−67 000	−14 000	−93 000
Dividends	0	0	0	0
Net Income	−83 000	98 000	−20 000	−1 007 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 000	20 000	20 000	20 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	8 000	14 000	0
Total Tangible Assets	22 000	28 000	34 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	28 000	34 000	20 000
Stock	0	0	1 152 000	1 553 000
Total Investments	0	0	0	0
Cash, Bank	45 000	86 000	167 000	670 000
Total Current Assets	384 000	1 005 000	1 656 000	3 149 000
Total Assets	406 000	1 033 000	1 690 000	3 169 000
Total Equity	−667 000	−605 000	−1 063 000	−1 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 041 000	1 458 000	2 515 000	3 865 000
Creditors	−1 000	49 000	85 000	85 000
Unpaid Taxes	30 000	128 000	49 000	143 000
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	102 000	203 000
Total Current Debt	32 000	180 000	237 000	431 000
Total Equity and Debt	406 000	1 033 000	1 690 000	3 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,44 %	−16,2 %	1,88 %	89,35 %
Debt-to-Equity Ratio	−1,56	−2,41	−2,37	−3,43
Operating Profit Margin	−52,68 %	3,66 %	−1,63 %	−45,26 %
Current Ratio	12	5,58	6,99	7,31
Quick Ratio	12	5,58	−1,81	−2,81
Equity Ratio	−1,64	−0,59	−0,63	−0,36
Gross Profit Margin	100 %	24,29 %	42,84 %	18,63 %