PIPE TECH AS

4635 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−17,81 %

Current Ratio

0,87

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	267 000	431 000	178 000	1 166 000
Net Income	13 000	−191 000	−345 000	513 000
Total Assets	490 000	567 000	556 000	876 000
Total Equity	−73 000	−86 000	105 000	450 000

Income (NOK)	2022	2021	2020	2019
Revenue	267 000	431 000	178 000	1 166 000
Expenditure	253 000	620 000	642 000	525 000
Operating Profit	13 000	−188 000	−465 000	641 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	7 000	2 000
Financial Balance	0	−3 000	−7 000	−2 000
Earnings Before Tax	13 000	−191 000	−472 000	638 000
Tax	0	0	−127 000	126 000
Net Income	13 000	−191 000	−345 000	513 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	490 000	567 000	556 000	876 000
Total Assets	490 000	567 000	556 000	876 000
Total Retained Equity	−173 000	−186 000	5 000	350 000
Total Equity	−73 000	−86 000	105 000	450 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	563 000	653 000	451 000	426 000
Total Equity and Debt	490 000	567 000	556 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	250 000	431 000	178 000	1 166 000
Other Income	17 000	1 000	0	0
Revenue	267 000	431 000	178 000	1 166 000
Cost of Goods Sold	0	3 000	0	0
Salary Costs	194 000	411 000	571 000	302 000
Depreciation	0	0	0	3 000
Impairment	0	0	0	0
Expenditure	253 000	620 000	642 000	525 000
Operating Profit	13 000	−188 000	−465 000	641 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	7 000	2 000
Financial Balance	0	−3 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	13 000	−191 000	−345 000	513 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	141 000	105 000	217 000
Total Current Assets	490 000	567 000	556 000	876 000
Total Assets	490 000	567 000	556 000	876 000
Total Equity	−73 000	−86 000	105 000	450 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	20 000	−45 000	15 000
Unpaid Taxes	43 000	27 000	20 000	31 000
Dividends	0	0	0	0
Other Current Debt	519 000	607 000	476 000	255 000
Total Current Debt	563 000	653 000	451 000	426 000
Total Equity and Debt	490 000	567 000	556 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,81 %	222,09 %	−328,57 %	114 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	4,87 %	−43,62 %	−261,24 %	54,97 %
Current Ratio	0,87	0,87	1,23	2,06
Quick Ratio	0,87	0,87	1,23	2,06
Equity Ratio	−0,15	−0,15	0,19	0,51
Gross Profit Margin	100 %	99,3 %	100 %	100 %