PIPELIFE NORGE AS

6650 SURNADAL

Finances

Return on Equity

105,58 %

Current Ratio

1,07

Debt-to-Equity Ratio

9,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 584 969 000	1 391 509 000	1 217 143 000	1 079 559 000
Net Income	73 171 000	82 046 000	83 870 000	40 589 000
Total Assets	1 421 589 000	1 341 951 000	1 108 489 000	913 405 000
Total Equity	69 307 000	67 136 000	95 090 000	87 751 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 584 969 000	1 391 509 000	1 217 143 000	1 079 559 000
Expenditure	1 458 012 000	1 270 693 000	1 123 697 000	1 009 146 000
Operating Profit	126 137 000	121 788 000	93 828 000	68 263 000
Financial Income	21 310 000	20 078 000	33 365 000	9 955 000
Financial Costs	52 622 000	37 739 000	20 646 000	25 943 000
Financial Balance	−31 312 000	−17 661 000	12 719 000	−15 988 000
Earnings Before Tax	94 825 000	104 127 000	106 547 000	52 274 000
Tax	21 654 000	22 081 000	22 677 000	11 686 000
Net Income	73 171 000	82 046 000	83 870 000	40 589 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	661 265 000	624 632 000	586 057 000	572 776 000
Total Current Assets	760 324 000	717 319 000	522 432 000	340 629 000
Total Assets	1 421 589 000	1 341 951 000	1 108 489 000	913 405 000
Total Retained Equity	19 307 000	17 136 000	0	37 751 000
Total Equity	69 307 000	67 136 000	95 090 000	87 751 000
Total Long-Term Debt	642 856 000	657 055 000	525 302 000	346 576 000
Total Current Debt	709 427 000	617 760 000	488 097 000	479 077 000
Total Equity and Debt	1 421 589 000	1 341 951 000	1 108 489 000	913 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 577 631 000	1 387 149 000	1 216 932 000	1 047 219 000
Other Income	7 338 000	4 360 000	211 000	32 340 000
Revenue	1 584 969 000	1 391 509 000	1 217 143 000	1 079 559 000
Cost of Goods Sold	988 097 000	809 810 000	664 104 000	601 588 000
Salary Costs	212 942 000	206 058 000	192 982 000	182 580 000
Depreciation	63 178 000	58 860 000	56 738 000	55 846 000
Impairment	0	0	0	0
Expenditure	1 458 012 000	1 270 693 000	1 123 697 000	1 009 146 000
Operating Profit	126 137 000	121 788 000	93 828 000	68 263 000
Financial Income	21 310 000	20 078 000	33 365 000	9 955 000
Financial Costs	52 622 000	37 739 000	20 646 000	25 943 000
Financial Balance	−31 312 000	−17 661 000	12 719 000	−15 988 000
Dividends	71 000 000	110 000 000	80 000 000	40 000 000
Net Income	73 171 000	82 046 000	83 870 000	40 589 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	21 144 000	21 144 000	18 374 000	18 374 000
Total Intangible Assets	58 915 000	69 117 000	72 915 000	67 837 000
Real Eastate	182 708 000	166 822 000	170 929 000	170 546 000
Machinery and Plant Facilities	258 965 000	374 978 000	333 211 000	253 994 000
Fixtures	8 283 000	7 680 000	3 521 000	78 287 000
Total Tangible Assets	571 857 000	549 480 000	507 660 000	502 827 000
Total Fiancial Fixed Assets	30 493 000	6 035 000	5 482 000	2 112 000
Total Fixed Assets	661 265 000	624 632 000	586 057 000	572 776 000
Stock	293 665 000	257 185 000	201 406 000	193 936 000
Total Investments	0	0	0	0
Cash, Bank	4 998 000	6 308 000	7 351 000	52 919 000
Total Current Assets	760 324 000	717 319 000	522 432 000	340 629 000
Total Assets	1 421 589 000	1 341 951 000	1 108 489 000	913 405 000
Total Equity	69 307 000	67 136 000	95 090 000	87 751 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	642 856 000	657 055 000	525 302 000	346 576 000
Creditors	138 372 000	150 346 000	159 598 000	79 463 000
Unpaid Taxes	41 423 000	36 558 000	12 097 000	12 682 000
Dividends	71 000 000	110 000 000	80 000 000	40 000 000
Other Current Debt	345 338 000	289 726 000	216 256 000	335 944 000
Total Current Debt	709 427 000	617 760 000	488 097 000	479 077 000
Total Equity and Debt	1 421 589 000	1 341 951 000	1 108 489 000	913 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,58 %	122,21 %	88,2 %	46,25 %
Debt-to-Equity Ratio	9,28	9,79	5,52	3,95
Operating Profit Margin	7,96 %	8,75 %	7,71 %	6,32 %
Current Ratio	1,07	1,16	1,07	0,71
Quick Ratio	1,83	1,99	1,82	1,19
Equity Ratio	0,05	0,05	0,09	0,1
Gross Profit Margin	37,66 %	41,8 %	45,44 %	44,27 %