PIWO PRODUCTS AS

0753 OSLO

Finances

Share Ownership

Return on Equity

47,64 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	1 251 000	1 525 000	1 531 000
Net Income	182 000	115 000	302 000
Total Assets	2 164 000	2 184 000	1 156 000
Total Equity	382 000	438 000	428 000

Income (NOK)	2021	2020	2019
Revenue	1 251 000	1 525 000	1 531 000
Expenditure	1 018 000	1 410 000	1 160 000
Operating Profit	233 000	115 000	371 000
Financial Income	0	0	0
Financial Costs	0	0	19 000
Financial Balance	0	0	−19 000
Earnings Before Tax	233 000	115 000	352 000
Tax	51 000	0	50 000
Net Income	182 000	115 000	302 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	0	0	0
Total Current Assets	2 164 000	2 184 000	1 156 000
Total Assets	2 164 000	2 184 000	1 156 000
Total Retained Equity	182 000	238 000	0
Total Equity	382 000	438 000	428 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 782 000	1 747 000	728 000
Total Equity and Debt	2 164 000	2 184 000	1 156 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 251 000	1 525 000	1 531 000
Other Income	0	0	0
Revenue	1 251 000	1 525 000	1 531 000
Cost of Goods Sold	0	0	0
Salary Costs	965 000	1 335 000	1 086 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 018 000	1 410 000	1 160 000
Operating Profit	233 000	115 000	371 000
Financial Income	0	0	0
Financial Costs	0	0	19 000
Financial Balance	0	0	−19 000
Dividends	0	0	0
Net Income	182 000	115 000	302 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 479 000	1 282 000	126 000
Total Current Assets	2 164 000	2 184 000	1 156 000
Total Assets	2 164 000	2 184 000	1 156 000
Total Equity	382 000	438 000	428 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	1 731 000	1 747 000	678 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	1 782 000	1 747 000	728 000
Total Equity and Debt	2 164 000	2 184 000	1 156 000

Financial indicators	2021	2020	2019
Return on Equity	47,64 %	26,26 %	70,56 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	18,63 %	7,54 %	24,23 %
Current Ratio	1,21	1,25	1,59
Quick Ratio	1,21	1,25	1,59
Equity Ratio	0,18	0,2	0,37
Gross Profit Margin	100 %	100 %	100 %