PIPPEN EIENDOM AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

8,03 %

Current Ratio

33,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 000	290 000	290 000	290 000
Net Income	171 000	179 000	185 000	189 000
Total Assets	2 188 000	2 021 000	1 840 000	1 655 000
Total Equity	2 130 000	1 959 000	1 781 000	1 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 000	290 000	290 000	290 000
Expenditure	71 000	60 000	54 000	51 000
Operating Profit	218 000	229 000	236 000	238 000
Financial Income	0	0	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	4 000
Earnings Before Tax	219 000	229 000	238 000	242 000
Tax	48 000	50 000	52 000	53 000
Net Income	171 000	179 000	185 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	239 000	267 000	295 000	323 000
Total Current Assets	1 949 000	1 754 000	1 545 000	1 332 000
Total Assets	2 188 000	2 021 000	1 840 000	1 655 000
Total Retained Equity	1 430 000	1 259 000	1 081 000	895 000
Total Equity	2 130 000	1 959 000	1 781 000	1 595 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	58 000	61 000	59 000	60 000
Total Equity and Debt	2 188 000	2 021 000	1 840 000	1 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	290 000	290 000	290 000	290 000
Revenue	290 000	290 000	290 000	290 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	33 000	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	71 000	60 000	54 000	51 000
Operating Profit	218 000	229 000	236 000	238 000
Financial Income	0	0	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	4 000
Dividends	0	0	0	0
Net Income	171 000	179 000	185 000	189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	76 000	70 000	65 000
Real Eastate	158 000	191 000	224 000	257 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	158 000	191 000	224 000	257 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	239 000	267 000	295 000	323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 949 000	1 754 000	1 545 000	1 242 000
Total Current Assets	1 949 000	1 754 000	1 545 000	1 332 000
Total Assets	2 188 000	2 021 000	1 840 000	1 655 000
Total Equity	2 130 000	1 959 000	1 781 000	1 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	5 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	0	1 000	1 000
Total Current Debt	58 000	61 000	59 000	60 000
Total Equity and Debt	2 188 000	2 021 000	1 840 000	1 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,03 %	9,14 %	10,39 %	11,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	75,17 %	78,97 %	81,38 %	82,07 %
Current Ratio	33,6	28,75	26,19	22,2
Quick Ratio	33,6	28,75	26,19	22,2
Equity Ratio	0,97	0,97	0,97	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %