PIRANEMA PRODUCTION AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−22,09 %

Current Ratio

6,46

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	65 637 000	288 005 000	292 174 000	362 745 000
Net Income	−133 106 000	−18 802 000	599 000	62 062 000
Total Assets	712 701 000	846 212 000	844 128 000	1 100 269 000
Total Equity	602 440 000	836 553 000	821 845 000	988 675 000

Income (NOK)	2021	2020	2019	2018
Revenue	65 637 000	288 005 000	292 174 000	362 745 000
Expenditure	210 118 000	309 820 000	325 771 000	317 878 000
Operating Profit	−144 481 000	−21 814 000	−33 597 000	44 867 000
Financial Income	16 163 000	32 688 000	12 141 000	12 514 000
Financial Costs	4 788 000	39 126 000	7 083 000	19 000
Financial Balance	11 375 000	−6 438 000	5 058 000	12 495 000
Earnings Before Tax	−133 106 000	−28 253 000	−28 539 000	57 362 000
Tax	0	−9 451 000	−29 138 000	−4 700 000
Net Income	−133 106 000	−18 802 000	599 000	62 062 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	19 254 000
Total Current Assets	712 701 000	846 212 000	844 128 000	1 081 015 000
Total Assets	712 701 000	846 212 000	844 128 000	1 100 269 000
Total Retained Equity	59 126 000	293 238 000	312 040 000	311 441 000
Total Equity	602 440 000	836 553 000	821 845 000	988 675 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	110 260 000	9 660 000	22 283 000	111 595 000
Total Equity and Debt	712 701 000	846 212 000	844 128 000	1 100 270 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	65 637 000	288 005 000	292 174 000	362 745 000
Other Income	0	0	0	0
Revenue	65 637 000	288 005 000	292 174 000	362 745 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 682 000	26 588 000	24 948 000	23 708 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	210 118 000	309 820 000	325 771 000	317 878 000
Operating Profit	−144 481 000	−21 814 000	−33 597 000	44 867 000
Financial Income	16 163 000	32 688 000	12 141 000	12 514 000
Financial Costs	4 788 000	39 126 000	7 083 000	19 000
Financial Balance	11 375 000	−6 438 000	5 058 000	12 495 000
Dividends	0	0	0	0
Net Income	−133 106 000	−18 802 000	599 000	62 062 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	19 254 000
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	0	0	0	0
Total Fixed Assets	0	0	0	19 254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	19 157 000	33 039 000	39 197 000
Total Current Assets	712 701 000	846 212 000	844 128 000	1 081 015 000
Total Assets	712 701 000	846 212 000	844 128 000	1 100 269 000
Total Equity	602 440 000	836 553 000	821 845 000	988 675 000
Short-Term Group Debt	101 146 000	24 000	2 609 000	99 123 000
Total Long-Term Debt	0	0	0	0
Creditors	353 000	3 589 000	4 290 000	2 975 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 761 000	6 047 000	15 384 000	9 497 000
Total Current Debt	110 260 000	9 660 000	22 283 000	111 595 000
Total Equity and Debt	712 701 000	846 212 000	844 128 000	1 100 270 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−22,09 %	−2,25 %	0,07 %	6,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−220,12 %	−7,57 %	−11,5 %	12,37 %
Current Ratio	6,46	87,6	37,88	9,69
Quick Ratio	6,46	87,6	37,88	9,69
Equity Ratio	0,85	0,99	0,97	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %