PIPEMANNEN AS

0575 OSLO

Finances

Share Ownership

Return on Equity

27,92 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	1 036 000	1 084 000	691 000
Net Income	55 000	84 000	34 000
Total Assets	631 000	421 000	212 000
Total Equity	197 000	142 000	58 000

Income (NOK)	2022	2021	2020
Revenue	1 036 000	1 084 000	691 000
Expenditure	935 000	969 000	639 000
Operating Profit	101 000	116 000	53 000
Financial Income	0	0	0
Financial Costs	10 000	8 000	9 000
Financial Balance	−10 000	−8 000	−9 000
Earnings Before Tax	91 000	108 000	43 000
Tax	36 000	24 000	10 000
Net Income	55 000	84 000	34 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	219 000	239 000	0
Total Current Assets	412 000	182 000	212 000
Total Assets	631 000	421 000	212 000
Total Retained Equity	167 000	118 000	34 000
Total Equity	197 000	142 000	58 000
Total Long-Term Debt	9 000	0	0
Total Current Debt	425 000	279 000	154 000
Total Equity and Debt	631 000	421 000	212 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 036 000	1 084 000	691 000
Other Income	0	0	0
Revenue	1 036 000	1 084 000	691 000
Cost of Goods Sold	529 000	459 000	272 000
Salary Costs	121 000	247 000	223 000
Depreciation	51 000	15 000	0
Impairment	0	0	0
Expenditure	935 000	969 000	639 000
Operating Profit	101 000	116 000	53 000
Financial Income	0	0	0
Financial Costs	10 000	8 000	9 000
Financial Balance	−10 000	−8 000	−9 000
Dividends	0	0	0
Net Income	55 000	84 000	34 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	189 000	239 000	0
Total Tangible Assets	189 000	239 000	0
Total Fiancial Fixed Assets	30 000	0	0
Total Fixed Assets	219 000	239 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	55 000	170 000
Total Current Assets	412 000	182 000	212 000
Total Assets	631 000	421 000	212 000
Total Equity	197 000	142 000	58 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	9 000	0	0
Creditors	233 000	181 000	69 000
Unpaid Taxes	64 000	21 000	67 000
Dividends	0	0	0
Other Current Debt	31 000	56 000	20 000
Total Current Debt	425 000	279 000	154 000
Total Equity and Debt	631 000	421 000	212 000

Financial indicators	2022	2021	2020
Return on Equity	27,92 %	59,15 %	58,62 %
Debt-to-Equity Ratio	0,05	0	0
Operating Profit Margin	9,75 %	10,7 %	7,67 %
Current Ratio	0,97	0,65	1,38
Quick Ratio	0,97	0,65	1,38
Equity Ratio	0,31	0,34	0,27
Gross Profit Margin	48,94 %	57,66 %	60,64 %