PICO UTVIKLING AS

0787 OSLO

Finances

Return on Equity

25,43 %

Current Ratio

41,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	25 000	23 000	99 000
Net Income	44 000	12 000	−145 000	268 000
Total Assets	177 000	182 000	168 000	342 000
Total Equity	173 000	129 000	117 000	262 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	25 000	23 000	99 000
Expenditure	8 000	12 000	30 000	438 000
Operating Profit	13 000	12 000	−7 000	−339 000
Financial Income	32 000	0	2 000	892 000
Financial Costs	0	0	140 000	273 000
Financial Balance	32 000	0	−138 000	619 000
Earnings Before Tax	44 000	12 000	−145 000	279 000
Tax	0	0	0	11 000
Net Income	44 000	12 000	−145 000	268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	150 000
Total Current Assets	167 000	172 000	158 000	192 000
Total Assets	177 000	182 000	168 000	342 000
Total Retained Equity	53 000	9 000	−3 000	142 000
Total Equity	173 000	129 000	117 000	262 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 000	53 000	51 000	80 000
Total Equity and Debt	177 000	182 000	168 000	342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	25 000	23 000	99 000
Other Income	0	0	0	0
Revenue	20 000	25 000	23 000	99 000
Cost of Goods Sold	0	0	0	200 000
Salary Costs	0	0	13 000	141 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	12 000	30 000	438 000
Operating Profit	13 000	12 000	−7 000	−339 000
Financial Income	32 000	0	2 000	892 000
Financial Costs	0	0	140 000	273 000
Financial Balance	32 000	0	−138 000	619 000
Dividends	0	0	0	0
Net Income	44 000	12 000	−145 000	268 000

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	10 000	10 000	10 000	150 000
Total Fixed Assets	10 000	10 000	10 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	172 000	158 000	170 000
Total Current Assets	167 000	172 000	158 000	192 000
Total Assets	177 000	182 000	168 000	342 000
Total Equity	173 000	129 000	117 000	262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	0	3 000
Unpaid Taxes	4 000	3 000	4 000	16 000
Dividends	0	0	0	0
Other Current Debt	0	48 000	47 000	61 000
Total Current Debt	4 000	53 000	51 000	80 000
Total Equity and Debt	177 000	182 000	168 000	342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,43 %	9,3 %	−123,93 %	102,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65 %	48 %	−30,43 %	−342,42 %
Current Ratio	41,75	3,25	3,1	2,4
Quick Ratio	41,75	3,25	3,1	2,4
Equity Ratio	0,98	0,71	0,7	0,77
Gross Profit Margin	100 %	100 %	100 %	−102,02 %