PIGEN AS

3017 DRAMMEN

Finances

Return on Equity

−59,54 %

Current Ratio

1,59

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 206 000	14 670 000	11 387 000	17 041 000
Net Income	−437 000	1 051 000	−1 066 000	19 000
Total Assets	5 016 000	5 524 000	4 264 000	6 466 000
Total Equity	734 000	1 171 000	379 000	1 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 206 000	14 670 000	11 387 000	17 041 000
Expenditure	18 568 000	13 524 000	12 331 000	16 917 000
Operating Profit	−362 000	1 145 000	−943 000	123 000
Financial Income	2 000	0	0	0
Financial Costs	77 000	95 000	123 000	104 000
Financial Balance	−75 000	−95 000	−123 000	−104 000
Earnings Before Tax	−437 000	1 051 000	−1 066 000	19 000
Tax	0	0	0	0
Net Income	−437 000	1 051 000	−1 066 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 333 000	1 408 000	1 529 000	2 113 000
Total Current Assets	3 683 000	4 117 000	2 734 000	4 353 000
Total Assets	5 016 000	5 524 000	4 264 000	6 466 000
Total Retained Equity	614 000	1 051 000	259 000	1 324 000
Total Equity	734 000	1 171 000	379 000	1 444 000
Total Long-Term Debt	1 967 000	2 609 000	2 720 000	2 600 000
Total Current Debt	2 315 000	1 744 000	1 166 000	2 421 000
Total Equity and Debt	5 016 000	5 524 000	4 264 000	6 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 139 000	12 416 000	10 689 000	17 041 000
Other Income	67 000	2 253 000	698 000	0
Revenue	18 206 000	14 670 000	11 387 000	17 041 000
Cost of Goods Sold	6 153 000	4 328 000	3 551 000	5 140 000
Salary Costs	7 667 000	5 138 000	5 281 000	7 461 000
Depreciation	74 000	122 000	165 000	0
Impairment	0	0	0	0
Expenditure	18 568 000	13 524 000	12 331 000	16 917 000
Operating Profit	−362 000	1 145 000	−943 000	123 000
Financial Income	2 000	0	0	0
Financial Costs	77 000	95 000	123 000	104 000
Financial Balance	−75 000	−95 000	−123 000	−104 000
Dividends	0	259 000	0	0
Net Income	−437 000	1 051 000	−1 066 000	19 000

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	1 333 000	1 408 000	1 529 000	2 113 000
Total Tangible Assets	1 333 000	1 408 000	1 529 000	2 113 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 333 000	1 408 000	1 529 000	2 113 000
Stock	502 000	439 000	533 000	438 000
Total Investments	0	0	0	0
Cash, Bank	1 908 000	2 070 000	756 000	2 504 000
Total Current Assets	3 683 000	4 117 000	2 734 000	4 353 000
Total Assets	5 016 000	5 524 000	4 264 000	6 466 000
Total Equity	734 000	1 171 000	379 000	1 444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 967 000	2 609 000	2 720 000	2 600 000
Creditors	241 000	168 000	353 000	444 000
Unpaid Taxes	1 002 000	752 000	361 000	1 002 000
Dividends	0	259 000	0	0
Other Current Debt	1 072 000	825 000	452 000	705 000
Total Current Debt	2 315 000	1 744 000	1 166 000	2 421 000
Total Equity and Debt	5 016 000	5 524 000	4 264 000	6 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,54 %	89,75 %	−281,27 %	1,32 %
Debt-to-Equity Ratio	2,68	2,23	7,18	1,8
Operating Profit Margin	−1,99 %	7,81 %	−8,28 %	0,72 %
Current Ratio	1,59	2,36	2,34	1,8
Quick Ratio	2,03	3,15	4,32	2,2
Equity Ratio	0,15	0,21	0,09	0,22
Gross Profit Margin	66,2 %	70,5 %	68,82 %	69,84 %