PINPIN AS

0350 OSLO

Finances

Return on Equity

−3,79 %

Current Ratio

1,4

Debt-to-Equity Ratio

3,01

Key figures (NOK)	2022	2021	2020
Revenue	2 980 000	0	0
Net Income	−148 000	−295 000	−184 000
Total Assets	18 419 000	5 717 000	2 768 000
Total Equity	3 903 000	−449 000	−154 000

Income (NOK)	2022	2021	2020
Revenue	2 980 000	0	0
Expenditure	3 131 000	295 000	184 000
Operating Profit	−152 000	−295 000	−184 000
Financial Income	5 000	0	0
Financial Costs	2 000	0	0
Financial Balance	3 000	0	0
Earnings Before Tax	−148 000	−295 000	−184 000
Tax	0	0	0
Net Income	−148 000	−295 000	−184 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 533 000	5 646 000	2 172 000
Total Current Assets	3 885 000	71 000	596 000
Total Assets	18 419 000	5 717 000	2 768 000
Total Retained Equity	−627 000	−479 000	−184 000
Total Equity	3 903 000	−449 000	−154 000
Total Long-Term Debt	11 750 000	6 000 000	1 770 000
Total Current Debt	2 766 000	166 000	1 152 000
Total Equity and Debt	18 419 000	5 717 000	2 768 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 980 000	0	0
Other Income	0	0	0
Revenue	2 980 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	954 000	166 000	0
Depreciation	78 000	15 000	0
Impairment	0	0	0
Expenditure	3 131 000	295 000	184 000
Operating Profit	−152 000	−295 000	−184 000
Financial Income	5 000	0	0
Financial Costs	2 000	0	0
Financial Balance	3 000	0	0
Dividends	0	0	0
Net Income	−148 000	−295 000	−184 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 063 000	2 606 000	2 142 000
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	11 470 000	3 040 000	30 000
Total Fixed Assets	14 533 000	5 646 000	2 172 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	647 000	50 000	17 000
Total Current Assets	3 885 000	71 000	596 000
Total Assets	18 419 000	5 717 000	2 768 000
Total Equity	3 903 000	−449 000	−154 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	11 750 000	6 000 000	1 770 000
Creditors	2 576 000	60 000	1 152 000
Unpaid Taxes	41 000	21 000	0
Dividends	0	0	0
Other Current Debt	148 000	84 000	0
Total Current Debt	2 766 000	166 000	1 152 000
Total Equity and Debt	18 419 000	5 717 000	2 768 000

Financial indicators	2022	2021	2020
Return on Equity	−3,79 %	65,7 %	119,48 %
Debt-to-Equity Ratio	3,01	−13,36	−11,49
Operating Profit Margin	−5,1 %	-	-
Current Ratio	1,4	0,43	0,52
Quick Ratio	1,4	0,43	0,52
Equity Ratio	0,21	−0,08	−0,06
Gross Profit Margin	100 %	-	-