PIN AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

−150 %

Current Ratio

147,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	63 000	31 000	0
Net Income	−30 000	−69 000	−141 000	−6 000
Total Assets	442 000	555 000	760 000	324 000
Total Equity	20 000	20 000	20 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	63 000	31 000	0
Expenditure	50 000	151 000	213 000	6 000
Operating Profit	−38 000	−88 000	−182 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	−38 000	−89 000	−184 000	−6 000
Tax	−8 000	−20 000	−43 000	0
Net Income	−30 000	−69 000	−141 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	442 000	555 000	760 000	324 000
Total Assets	442 000	555 000	760 000	324 000
Total Retained Equity	−246 000	−216 000	−147 000	−6 000
Total Equity	20 000	20 000	20 000	10 000
Total Long-Term Debt	420 000	532 000	726 000	306 000
Total Current Debt	3 000	3 000	15 000	9 000
Total Equity and Debt	442 000	555 000	760 000	324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	63 000	31 000	0
Other Income	0	0	0	0
Revenue	12 000	63 000	31 000	0
Cost of Goods Sold	0	28 000	4 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	151 000	213 000	6 000
Operating Profit	−38 000	−88 000	−182 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	0
Net Income	−30 000	−69 000	−141 000	−6 000

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	403 000	446 000	566 000	324 000
Total Current Assets	442 000	555 000	760 000	324 000
Total Assets	442 000	555 000	760 000	324 000
Total Equity	20 000	20 000	20 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	420 000	532 000	726 000	306 000
Creditors	2 000	3 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	12 000	9 000
Total Current Debt	3 000	3 000	15 000	9 000
Total Equity and Debt	442 000	555 000	760 000	324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150 %	−345 %	−705 %	−60 %
Debt-to-Equity Ratio	21	26,6	36,3	30,6
Operating Profit Margin	−316,67 %	−139,68 %	−587,1 %	-
Current Ratio	147,33	185	50,67	36
Quick Ratio	147,33	185	50,67	36
Equity Ratio	0,05	0,04	0,03	0,03
Gross Profit Margin	100 %	55,56 %	87,1 %	-