PIRATES SAILING AS

0253 OSLO

Finances

Share Ownership

Return on Equity

19,56 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 000	355 000	175 000	0
Net Income	−97 000	−102 000	−81 000	−110 000
Total Assets	17 000	4 000	19 000	0
Total Equity	−496 000	−400 000	−298 000	−217 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 000	355 000	175 000	0
Expenditure	183 000	456 000	256 000	110 000
Operating Profit	−97 000	−102 000	−81 000	−110 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	−97 000	−102 000	−81 000	−110 000
Tax	0	0	0	0
Net Income	−97 000	−102 000	−81 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	17 000	4 000	19 000	0
Total Assets	17 000	4 000	19 000	0
Total Retained Equity	−526 000	−430 000	−328 000	−247 000
Total Equity	−496 000	−400 000	−298 000	−217 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	514 000	404 000	317 000	217 000
Total Equity and Debt	17 000	4 000	19 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 000	156 000	34 000	0
Other Income	5 000	199 000	140 000	0
Revenue	86 000	355 000	175 000	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	183 000	456 000	256 000	110 000
Operating Profit	−97 000	−102 000	−81 000	−110 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	−97 000	−102 000	−81 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	−6 000	9 000	0
Total Current Assets	17 000	4 000	19 000	0
Total Assets	17 000	4 000	19 000	0
Total Equity	−496 000	−400 000	−298 000	−217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	31 000	−1 000	0
Unpaid Taxes	0	−8 000	−3 000	0
Dividends	0	0	0	0
Other Current Debt	495 000	381 000	320 000	217 000
Total Current Debt	514 000	404 000	317 000	217 000
Total Equity and Debt	17 000	4 000	19 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	19,56 %	25,5 %	27,18 %	50,69 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−112,79 %	−28,73 %	−46,29 %	-
Current Ratio	0,03	0,01	0,06	0
Quick Ratio	0,03	0,01	0,06	0
Equity Ratio	−29,18	−100	−15,68	-
Gross Profit Margin	100 %	100 %	100 %	-