PIOVITA AS

3014 DRAMMEN

Finances

Share Ownership

Return on Equity

21,43 %

Current Ratio

10,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 537 000	6 858 000	6 790 000	6 215 000
Net Income	3 404 000	2 449 000	2 476 000	2 612 000
Total Assets	17 235 000	15 215 000	14 347 000	13 303 000
Total Equity	15 887 000	12 483 000	11 964 000	10 888 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 537 000	6 858 000	6 790 000	6 215 000
Expenditure	4 156 000	3 890 000	3 771 000	3 016 000
Operating Profit	4 382 000	2 968 000	3 018 000	3 199 000
Financial Income	125 000	178 000	138 000	139 000
Financial Costs	112 000	14 000	3 000	0
Financial Balance	13 000	164 000	135 000	139 000
Earnings Before Tax	4 395 000	3 132 000	3 152 000	3 338 000
Tax	990 000	683 000	676 000	725 000
Net Income	3 404 000	2 449 000	2 476 000	2 612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 752 000	2 866 000	3 708 000	3 671 000
Total Current Assets	14 483 000	12 349 000	10 639 000	9 632 000
Total Assets	17 235 000	15 215 000	14 347 000	13 303 000
Total Retained Equity	15 787 000	12 383 000	11 864 000	10 788 000
Total Equity	15 887 000	12 483 000	11 964 000	10 888 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 348 000	2 732 000	2 383 000	2 415 000
Total Equity and Debt	17 235 000	15 215 000	14 347 000	13 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 532 000	6 846 000	6 774 000	6 176 000
Other Income	6 000	12 000	17 000	38 000
Revenue	8 537 000	6 858 000	6 790 000	6 215 000
Cost of Goods Sold	1 000	0	1 000	13 000
Salary Costs	1 895 000	1 744 000	1 697 000	1 622 000
Depreciation	24 000	32 000	38 000	45 000
Impairment	0	0	0	0
Expenditure	4 156 000	3 890 000	3 771 000	3 016 000
Operating Profit	4 382 000	2 968 000	3 018 000	3 199 000
Financial Income	125 000	178 000	138 000	139 000
Financial Costs	112 000	14 000	3 000	0
Financial Balance	13 000	164 000	135 000	139 000
Dividends	0	0	1 400 000	1 400 000
Net Income	3 404 000	2 449 000	2 476 000	2 612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 000	1 000	2 000	1 000
Total Intangible Assets	1 000	1 000	2 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	99 000	108 000	146 000
Total Tangible Assets	75 000	99 000	108 000	146 000
Total Fiancial Fixed Assets	2 676 000	2 765 000	3 598 000	3 523 000
Total Fixed Assets	2 752 000	2 866 000	3 708 000	3 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 696 000	12 265 000	10 042 000	8 972 000
Total Current Assets	14 483 000	12 349 000	10 639 000	9 632 000
Total Assets	17 235 000	15 215 000	14 347 000	13 303 000
Total Equity	15 887 000	12 483 000	11 964 000	10 888 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	58 000	1 000	0	0
Unpaid Taxes	100 000	139 000	130 000	123 000
Dividends	0	0	1 400 000	1 400 000
Other Current Debt	200 000	1 909 000	177 000	167 000
Total Current Debt	1 348 000	2 732 000	2 383 000	2 415 000
Total Equity and Debt	17 235 000	15 215 000	14 347 000	13 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,43 %	19,62 %	20,7 %	23,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,33 %	43,28 %	44,45 %	51,47 %
Current Ratio	10,74	4,52	4,46	3,99
Quick Ratio	10,74	4,52	4,46	3,99
Equity Ratio	0,92	0,82	0,83	0,82
Gross Profit Margin	99,99 %	100 %	99,99 %	99,79 %