PIGMENT KUNSTHANDEL AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−25,63 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 154 000	2 614 000	2 438 000	2 158 000
Net Income	−102 000	74 000	151 000	−59 000
Total Assets	916 000	1 010 000	995 000	910 000
Total Equity	398 000	500 000	427 000	276 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 154 000	2 614 000	2 438 000	2 158 000
Expenditure	2 285 000	2 518 000	2 281 000	2 187 000
Operating Profit	−131 000	96 000	157 000	−29 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	2 000	3 000	5 000	11 000
Financial Balance	1 000	0	−2 000	−8 000
Earnings Before Tax	−130 000	95 000	155 000	−37 000
Tax	−28 000	22 000	4 000	22 000
Net Income	−102 000	74 000	151 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	17 000	24 000	31 000
Total Current Assets	880 000	993 000	971 000	879 000
Total Assets	916 000	1 010 000	995 000	910 000
Total Retained Equity	298 000	400 000	327 000	176 000
Total Equity	398 000	500 000	427 000	276 000
Total Long-Term Debt	0	31 000	65 000	95 000
Total Current Debt	518 000	479 000	504 000	539 000
Total Equity and Debt	916 000	1 010 000	995 000	910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 154 000	2 609 000	2 423 000	2 158 000
Other Income	0	5 000	15 000	0
Revenue	2 154 000	2 614 000	2 438 000	2 158 000
Cost of Goods Sold	967 000	1 160 000	1 132 000	996 000
Salary Costs	799 000	782 000	638 000	696 000
Depreciation	3 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	2 285 000	2 518 000	2 281 000	2 187 000
Operating Profit	−131 000	96 000	157 000	−29 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	2 000	3 000	5 000	11 000
Financial Balance	1 000	0	−2 000	−8 000
Dividends	0	0	0	0
Net Income	−102 000	74 000	151 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	6 000	9 000	12 000
Total Tangible Assets	3 000	6 000	9 000	12 000
Total Fiancial Fixed Assets	7 000	11 000	15 000	19 000
Total Fixed Assets	37 000	17 000	24 000	31 000
Stock	831 000	811 000	720 000	761 000
Total Investments	0	0	0	0
Cash, Bank	37 000	144 000	224 000	69 000
Total Current Assets	880 000	993 000	971 000	879 000
Total Assets	916 000	1 010 000	995 000	910 000
Total Equity	398 000	500 000	427 000	276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	31 000	65 000	95 000
Creditors	202 000	211 000	250 000	247 000
Unpaid Taxes	109 000	127 000	130 000	115 000
Dividends	0	0	0	0
Other Current Debt	207 000	118 000	122 000	176 000
Total Current Debt	518 000	479 000	504 000	539 000
Total Equity and Debt	916 000	1 010 000	995 000	910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,63 %	14,8 %	35,36 %	−21,38 %
Debt-to-Equity Ratio	0	0,06	0,15	0,34
Operating Profit Margin	−6,08 %	3,67 %	6,44 %	−1,34 %
Current Ratio	1,7	2,07	1,93	1,63
Quick Ratio	−2,81	−2,99	−4,5	−3,96
Equity Ratio	0,43	0,5	0,43	0,3
Gross Profit Margin	55,11 %	55,62 %	53,57 %	53,85 %