PIANOVERKSTEDET HOLTHE OG BAKKE AS

0182 OSLO

Finances

Share Ownership

Return on Equity

15,9 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 490 000	9 534 000	10 218 000	10 296 000
Net Income	267 000	198 000	205 000	169 000
Total Assets	6 041 000	5 192 000	5 239 000	4 063 000
Total Equity	1 679 000	1 412 000	1 614 000	1 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 490 000	9 534 000	10 218 000	10 296 000
Expenditure	13 045 000	9 359 000	9 912 000	9 943 000
Operating Profit	375 000	245 000	297 000	253 000
Financial Income	6 000	26 000	8 000	1 000
Financial Costs	28 000	15 000	13 000	38 000
Financial Balance	−22 000	11 000	−5 000	−37 000
Earnings Before Tax	352 000	256 000	291 000	217 000
Tax	86 000	58 000	86 000	48 000
Net Income	267 000	198 000	205 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	57 000	3 000	25 000
Total Current Assets	6 006 000	5 135 000	5 236 000	4 038 000
Total Assets	6 041 000	5 192 000	5 239 000	4 063 000
Total Retained Equity	1 579 000	1 312 000	1 514 000	1 709 000
Total Equity	1 679 000	1 412 000	1 614 000	1 809 000
Total Long-Term Debt	0	0	0	72 000
Total Current Debt	4 362 000	3 781 000	3 625 000	2 182 000
Total Equity and Debt	6 041 000	5 192 000	5 239 000	4 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 489 000	9 534 000	10 147 000	10 096 000
Other Income	2 000	0	72 000	200 000
Revenue	13 490 000	9 534 000	10 218 000	10 296 000
Cost of Goods Sold	9 615 000	6 629 000	7 081 000	6 671 000
Salary Costs	2 151 000	1 366 000	1 604 000	1 862 000
Depreciation	11 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	13 045 000	9 359 000	9 912 000	9 943 000
Operating Profit	375 000	245 000	297 000	253 000
Financial Income	6 000	26 000	8 000	1 000
Financial Costs	28 000	15 000	13 000	38 000
Financial Balance	−22 000	11 000	−5 000	−37 000
Dividends	0	400 000	400 000	0
Net Income	267 000	198 000	205 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	42 000	0	22 000
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	3 000	15 000	3 000	3 000
Total Fixed Assets	35 000	57 000	3 000	25 000
Stock	3 833 000	3 177 000	2 441 000	3 233 000
Total Investments	0	0	0	0
Cash, Bank	1 738 000	1 244 000	1 528 000	129 000
Total Current Assets	6 006 000	5 135 000	5 236 000	4 038 000
Total Assets	6 041 000	5 192 000	5 239 000	4 063 000
Total Equity	1 679 000	1 412 000	1 614 000	1 809 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	72 000
Creditors	2 944 000	2 125 000	2 227 000	938 000
Unpaid Taxes	612 000	623 000	581 000	565 000
Dividends	0	400 000	400 000	0
Other Current Debt	720 000	574 000	353 000	419 000
Total Current Debt	4 362 000	3 781 000	3 625 000	2 182 000
Total Equity and Debt	6 041 000	5 192 000	5 239 000	4 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,9 %	14,02 %	12,7 %	9,34 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	2,78 %	2,57 %	2,91 %	2,46 %
Current Ratio	1,38	1,36	1,44	1,85
Quick Ratio	11,35	8,5	4,42	−3,84
Equity Ratio	0,28	0,27	0,31	0,45
Gross Profit Margin	28,72 %	30,47 %	30,7 %	35,21 %