PIGEON VITALITY AS

3941 PORSGRUNN

Finances

Return on Equity

32,02 %

Current Ratio

0,28

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 523 000	998 000	1 178 000	1 291 000
Net Income	650 000	681 000	475 000	416 000
Total Assets	4 496 000	3 522 000	2 689 000	2 245 000
Total Equity	2 030 000	1 381 000	1 300 000	825 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 523 000	998 000	1 178 000	1 291 000
Expenditure	685 000	118 000	584 000	729 000
Operating Profit	838 000	881 000	594 000	562 000
Financial Income	2 000	1 000	45 000	−4 000
Financial Costs	8 000	10 000	31 000	25 000
Financial Balance	−6 000	−9 000	14 000	−29 000
Earnings Before Tax	832 000	872 000	609 000	533 000
Tax	183 000	192 000	134 000	117 000
Net Income	650 000	681 000	475 000	416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 841 000	3 018 000	2 288 000	2 097 000
Total Current Assets	655 000	504 000	401 000	148 000
Total Assets	4 496 000	3 522 000	2 689 000	2 245 000
Total Retained Equity	1 930 000	1 281 000	1 200 000	725 000
Total Equity	2 030 000	1 381 000	1 300 000	825 000
Total Long-Term Debt	136 000	0	765 000	1 261 000
Total Current Debt	2 330 000	2 141 000	624 000	159 000
Total Equity and Debt	4 496 000	3 522 000	2 689 000	2 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 523 000	998 000	1 178 000	1 291 000
Other Income	0	0	0	0
Revenue	1 523 000	998 000	1 178 000	1 291 000
Cost of Goods Sold	188 000	81 000	115 000	178 000
Salary Costs	203 000	217 000	71 000	101 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	685 000	118 000	584 000	729 000
Operating Profit	838 000	881 000	594 000	562 000
Financial Income	2 000	1 000	45 000	−4 000
Financial Costs	8 000	10 000	31 000	25 000
Financial Balance	−6 000	−9 000	14 000	−29 000
Dividends	0	600 000	0	0
Net Income	650 000	681 000	475 000	416 000

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	3 841 000	3 018 000	2 288 000	2 097 000
Total Fixed Assets	3 841 000	3 018 000	2 288 000	2 097 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	637 000	431 000	365 000	129 000
Total Current Assets	655 000	504 000	401 000	148 000
Total Assets	4 496 000	3 522 000	2 689 000	2 245 000
Total Equity	2 030 000	1 381 000	1 300 000	825 000
Short-Term Group Debt	1 479 000	1 479 000	608 000	0
Total Long-Term Debt	136 000	0	765 000	1 261 000
Creditors	1 000	0	8 000	1 000
Unpaid Taxes	8 000	48 000	2 000	33 000
Dividends	0	600 000	0	0
Other Current Debt	843 000	15 000	6 000	7 000
Total Current Debt	2 330 000	2 141 000	624 000	159 000
Total Equity and Debt	4 496 000	3 522 000	2 689 000	2 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,02 %	49,31 %	36,54 %	50,42 %
Debt-to-Equity Ratio	0,07	0	0,59	1,53
Operating Profit Margin	55,02 %	88,28 %	50,42 %	43,53 %
Current Ratio	0,28	0,24	0,64	0,93
Quick Ratio	0,28	0,24	0,64	0,93
Equity Ratio	0,45	0,39	0,48	0,37
Gross Profit Margin	87,66 %	91,88 %	90,24 %	86,21 %