PIREN LL I AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

21,69 %

Current Ratio

0,5

Debt-to-Equity Ratio

−3,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	240 000	357 000	213 000
Net Income	−606 000	−275 000	−207 000	−277 000
Total Assets	6 295 000	5 810 000	5 902 000	6 009 000
Total Equity	−2 794 000	−2 228 000	−1 953 000	−1 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	240 000	357 000	213 000
Expenditure	440 000	397 000	444 000	327 000
Operating Profit	−440 000	−157 000	−86 000	−113 000
Financial Income	0	0	0	0
Financial Costs	338 000	195 000	179 000	242 000
Financial Balance	−338 000	−195 000	−179 000	−242 000
Earnings Before Tax	−777 000	−352 000	−266 000	−355 000
Tax	−171 000	−77 000	−58 000	−78 000
Net Income	−606 000	−275 000	−207 000	−277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 238 000	5 770 000	5 898 000	5 912 000
Total Current Assets	58 000	40 000	4 000	97 000
Total Assets	6 295 000	5 810 000	5 902 000	6 009 000
Total Retained Equity	−3 854 000	−3 248 000	−2 973 000	−2 798 000
Total Equity	−2 794 000	−2 228 000	−1 953 000	−1 746 000
Total Long-Term Debt	8 974 000	7 999 000	7 816 000	6 982 000
Total Current Debt	115 000	39 000	39 000	773 000
Total Equity and Debt	6 295 000	5 810 000	5 902 000	6 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	240 000	357 000	213 000
Other Income	0	0	0	0
Revenue	0	240 000	357 000	213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	206 000	206 000	217 000	129 000
Impairment	0	0	0	0
Expenditure	440 000	397 000	444 000	327 000
Operating Profit	−440 000	−157 000	−86 000	−113 000
Financial Income	0	0	0	0
Financial Costs	338 000	195 000	179 000	242 000
Financial Balance	−338 000	−195 000	−179 000	−242 000
Dividends	0	0	0	0
Net Income	−606 000	−275 000	−207 000	−277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 079 000	919 000	841 000	783 000
Real Eastate	5 159 000	4 851 000	5 057 000	5 129 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 159 000	4 851 000	5 057 000	5 129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 238 000	5 770 000	5 898 000	5 912 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	9 000	1 000	3 000
Total Current Assets	58 000	40 000	4 000	97 000
Total Assets	6 295 000	5 810 000	5 902 000	6 009 000
Total Equity	−2 794 000	−2 228 000	−1 953 000	−1 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 974 000	7 999 000	7 816 000	6 982 000
Creditors	87 000	39 000	29 000	643 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	29 000	0	10 000	131 000
Total Current Debt	115 000	39 000	39 000	773 000
Total Equity and Debt	6 295 000	5 810 000	5 902 000	6 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,69 %	12,34 %	10,6 %	15,86 %
Debt-to-Equity Ratio	−3,21	−3,59	−4	−4
Operating Profit Margin	-	−65,42 %	−24,09 %	−53,05 %
Current Ratio	0,5	1,03	0,1	0,13
Quick Ratio	0,5	1,03	0,1	0,13
Equity Ratio	−0,44	−0,38	−0,33	−0,29
Gross Profit Margin	-	100 %	100 %	100 %