PIPETECH HOLDINGS NORWAY AS

4313 SANDNES

Finances

Return on Equity

114,06 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	−9 489 000	−6 410 000	−2 268 000	−4 752 000
Total Assets	136 351 000	143 618 000	135 401 000	242 119 000
Total Equity	−8 319 000	30 000	30 000	30 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	3 000	36 000	1 000	17 000
Operating Profit	−3 000	−36 000	−1 000	−17 000
Financial Income	0	0	9 145 000	0
Financial Costs	9 807 000	8 181 000	12 052 000	6 154 000
Financial Balance	−9 807 000	−8 181 000	−2 907 000	−6 154 000
Earnings Before Tax	−9 811 000	−8 217 000	−2 908 000	−6 171 000
Tax	−322 000	−1 808 000	−640 000	−1 419 000
Net Income	−9 489 000	−6 410 000	−2 268 000	−4 752 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	117 165 000	117 165 000	117 165 000	117 165 000
Total Current Assets	19 186 000	26 453 000	18 236 000	124 954 000
Total Assets	136 351 000	143 618 000	135 401 000	242 119 000
Total Retained Equity	−8 349 000	0	0	0
Total Equity	−8 319 000	30 000	30 000	30 000
Total Long-Term Debt	0	0	135 371 000	0
Total Current Debt	144 670 000	143 588 000	0	242 089 000
Total Equity and Debt	136 351 000	143 618 000	135 401 000	242 119 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 000	36 000	1 000	17 000
Operating Profit	−3 000	−36 000	−1 000	−17 000
Financial Income	0	0	9 145 000	0
Financial Costs	9 807 000	8 181 000	12 052 000	6 154 000
Financial Balance	−9 807 000	−8 181 000	−2 907 000	−6 154 000
Dividends	0	0	0	0
Net Income	−9 489 000	−6 410 000	−2 268 000	−4 752 000

Balance details (NOK)	2021	2020	2019	2018
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	117 165 000	117 165 000	117 165 000	117 165 000
Total Fixed Assets	117 165 000	117 165 000	117 165 000	117 165 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	12 000	12 000	13 000
Total Current Assets	19 186 000	26 453 000	18 236 000	124 954 000
Total Assets	136 351 000	143 618 000	135 401 000	242 119 000
Total Equity	−8 319 000	30 000	30 000	30 000
Short-Term Group Debt	144 632 000	143 552 000	0	242 089 000
Total Long-Term Debt	0	0	135 371 000	0
Creditors	38 000	36 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	144 670 000	143 588 000	0	242 089 000
Total Equity and Debt	136 351 000	143 618 000	135 401 000	242 119 000

Financial indicators	2021	2020	2019	2018
Return on Equity	114,06 %	−21 366,67 %	−7 560 %	−15 840 %
Debt-to-Equity Ratio	−0	0	4 512,37	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,13	0,18	-	0,52
Quick Ratio	0,13	0,18	-	0,52
Equity Ratio	−0,06	0	0	0
Gross Profit Margin	-	-	-	-