PIITCH AS

0252 OSLO

Finances

Return on Equity

15,84 %

Current Ratio

0,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 965 000	30 837 000	0	0
Net Income	5 957 000	30 206 000	6 097 000	10 204 000
Total Assets	43 826 000	48 289 000	38 928 000	39 249 000
Total Equity	37 596 000	42 090 000	30 107 000	30 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 965 000	30 837 000	0	0
Expenditure	1 563 000	831 000	37 000	45 000
Operating Profit	5 403 000	30 007 000	−37 000	−45 000
Financial Income	830 000	424 000	6 729 000	10 711 000
Financial Costs	81 000	29 000	449 000	272 000
Financial Balance	749 000	395 000	6 280 000	10 439 000
Earnings Before Tax	6 152 000	30 401 000	6 243 000	10 394 000
Tax	195 000	195 000	146 000	191 000
Net Income	5 957 000	30 206 000	6 097 000	10 204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 195 000	38 732 000	34 642 000	34 574 000
Total Current Assets	3 632 000	9 556 000	4 286 000	4 675 000
Total Assets	43 826 000	48 289 000	38 928 000	39 249 000
Total Retained Equity	35 171 000	39 664 000	27 682 000	27 585 000
Total Equity	37 596 000	42 090 000	30 107 000	30 010 000
Total Long-Term Debt	19 000	35 000	0	30 000
Total Current Debt	6 211 000	6 164 000	8 821 000	9 208 000
Total Equity and Debt	43 826 000	48 289 000	38 928 000	39 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	6 965 000	30 837 000	0	0
Revenue	6 965 000	30 837 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 563 000	831 000	37 000	45 000
Operating Profit	5 403 000	30 007 000	−37 000	−45 000
Financial Income	830 000	424 000	6 729 000	10 711 000
Financial Costs	81 000	29 000	449 000	272 000
Financial Balance	749 000	395 000	6 280 000	10 439 000
Dividends	10 450 000	18 224 000	6 000 000	10 066 000
Net Income	5 957 000	30 206 000	6 097 000	10 204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	40 195 000	38 732 000	34 642 000	34 574 000
Total Fixed Assets	40 195 000	38 732 000	34 642 000	34 574 000
Stock	0	0	0	0
Total Investments	259 000	1 822 000	716 000	0
Cash, Bank	287 000	957 000	205 000	77 000
Total Current Assets	3 632 000	9 556 000	4 286 000	4 675 000
Total Assets	43 826 000	48 289 000	38 928 000	39 249 000
Total Equity	37 596 000	42 090 000	30 107 000	30 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	35 000	0	30 000
Creditors	0	1 000	3 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	10 450 000	18 224 000	6 000 000	10 066 000
Other Current Debt	0	0	8 641 000	9 000 000
Total Current Debt	6 211 000	6 164 000	8 821 000	9 208 000
Total Equity and Debt	43 826 000	48 289 000	38 928 000	39 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,84 %	71,77 %	20,25 %	34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	77,57 %	97,31 %	-	-
Current Ratio	0,58	1,55	0,49	0,51
Quick Ratio	0,58	1,55	0,49	0,51
Equity Ratio	0,86	0,87	0,77	0,76
Gross Profit Margin	100 %	100 %	-	-