PIPETEKNIKK AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

50,67 %

Current Ratio

1,46

Debt-to-Equity Ratio

−1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 001 000	996 000	1 014 000	1 567 000
Net Income	−302 000	−170 000	−222 000	−102 000
Total Assets	585 000	683 000	754 000	949 000
Total Equity	−596 000	−294 000	−125 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 001 000	996 000	1 014 000	1 567 000
Expenditure	1 310 000	1 166 000	1 232 000	1 657 000
Operating Profit	−300 000	−169 000	−217 000	−91 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	4 000	12 000
Financial Balance	−2 000	−1 000	−4 000	−12 000
Earnings Before Tax	−302 000	−170 000	−222 000	−102 000
Tax	0	0	0	0
Net Income	−302 000	−170 000	−222 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	262 000	367 000	487 000
Total Current Assets	424 000	422 000	388 000	462 000
Total Assets	585 000	683 000	754 000	949 000
Total Retained Equity	−1 046 000	−744 000	−575 000	−353 000
Total Equity	−596 000	−294 000	−125 000	97 000
Total Long-Term Debt	890 000	707 000	671 000	652 000
Total Current Debt	291 000	271 000	209 000	199 000
Total Equity and Debt	585 000	683 000	754 000	949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000 000	996 000	995 000	1 547 000
Other Income	2 000	0	20 000	20 000
Revenue	1 001 000	996 000	1 014 000	1 567 000
Cost of Goods Sold	421 000	420 000	355 000	519 000
Salary Costs	616 000	395 000	516 000	707 000
Depreciation	101 000	105 000	110 000	104 000
Impairment	0	0	0	0
Expenditure	1 310 000	1 166 000	1 232 000	1 657 000
Operating Profit	−300 000	−169 000	−217 000	−91 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	4 000	12 000
Financial Balance	−2 000	−1 000	−4 000	−12 000
Dividends	0	0	0	0
Net Income	−302 000	−170 000	−222 000	−102 000

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	126 000	0	0	0
Fixtures	35 000	262 000	367 000	487 000
Total Tangible Assets	161 000	262 000	367 000	487 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 000	262 000	367 000	487 000
Stock	212 000	202 000	264 000	248 000
Total Investments	0	0	0	0
Cash, Bank	42 000	28 000	65 000	49 000
Total Current Assets	424 000	422 000	388 000	462 000
Total Assets	585 000	683 000	754 000	949 000
Total Equity	−596 000	−294 000	−125 000	97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	890 000	707 000	671 000	652 000
Creditors	105 000	146 000	85 000	75 000
Unpaid Taxes	100 000	82 000	62 000	58 000
Dividends	0	0	0	0
Other Current Debt	86 000	43 000	62 000	67 000
Total Current Debt	291 000	271 000	209 000	199 000
Total Equity and Debt	585 000	683 000	754 000	949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,67 %	57,82 %	177,6 %	−105,15 %
Debt-to-Equity Ratio	−1,49	−2,4	−5,37	6,72
Operating Profit Margin	−29,97 %	−16,97 %	−21,4 %	−5,81 %
Current Ratio	1,46	1,56	1,86	2,32
Quick Ratio	5,37	6,12	−7,05	−9,43
Equity Ratio	−1,02	−0,43	−0,17	0,1
Gross Profit Margin	57,94 %	57,83 %	64,99 %	66,88 %