PI PROOF AS

4480 KVINESDAL

Finances

Return on Equity

26,26 %

Current Ratio

4,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 905 000	1 863 000	2 038 000	651 000
Net Income	464 000	375 000	650 000	178 000
Total Assets	2 245 000	1 697 000	1 281 000	631 000
Total Equity	1 767 000	1 303 000	928 000	278 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 905 000	1 863 000	2 038 000	651 000
Expenditure	1 319 000	1 403 000	1 204 000	425 000
Operating Profit	585 000	461 000	833 000	227 000
Financial Income	72 000	23 000	2 000	0
Financial Costs	51 000	3 000	0	0
Financial Balance	21 000	20 000	2 000	0
Earnings Before Tax	606 000	481 000	835 000	227 000
Tax	142 000	106 000	185 000	49 000
Net Income	464 000	375 000	650 000	178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	0	0	0
Total Current Assets	2 243 000	1 697 000	1 281 000	631 000
Total Assets	2 245 000	1 697 000	1 281 000	631 000
Total Retained Equity	1 667 000	1 203 000	828 000	178 000
Total Equity	1 767 000	1 303 000	928 000	278 000
Total Long-Term Debt	0	1 000	0	2 000
Total Current Debt	478 000	393 000	352 000	351 000
Total Equity and Debt	2 245 000	1 697 000	1 281 000	631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 905 000	1 863 000	2 038 000	651 000
Other Income	0	0	0	0
Revenue	1 905 000	1 863 000	2 038 000	651 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 265 000	1 346 000	1 164 000	406 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 319 000	1 403 000	1 204 000	425 000
Operating Profit	585 000	461 000	833 000	227 000
Financial Income	72 000	23 000	2 000	0
Financial Costs	51 000	3 000	0	0
Financial Balance	21 000	20 000	2 000	0
Dividends	0	0	0	0
Net Income	464 000	375 000	650 000	178 000

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	2 000	0	0	0
Total Fixed Assets	2 000	0	0	0
Stock	0	0	0	0
Total Investments	354 000	374 000	0	0
Cash, Bank	1 883 000	1 143 000	1 160 000	122 000
Total Current Assets	2 243 000	1 697 000	1 281 000	631 000
Total Assets	2 245 000	1 697 000	1 281 000	631 000
Total Equity	1 767 000	1 303 000	928 000	278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	2 000
Creditors	0	0	0	0
Unpaid Taxes	218 000	161 000	57 000	272 000
Dividends	0	0	0	0
Other Current Debt	118 000	126 000	110 000	32 000
Total Current Debt	478 000	393 000	352 000	351 000
Total Equity and Debt	2 245 000	1 697 000	1 281 000	631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,26 %	28,78 %	70,04 %	64,03 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	30,71 %	24,75 %	40,87 %	34,87 %
Current Ratio	4,69	4,32	3,64	1,8
Quick Ratio	4,69	4,32	3,64	1,8
Equity Ratio	0,79	0,77	0,72	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %