PIANO INVEST AS

0161 OSLO

Finances

Return on Equity

30,61 %

Current Ratio

75,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	34 000
Net Income	1 639 000	2 590 000	2 532 000	−194 000
Total Assets	5 420 000	7 318 000	5 228 000	6 703 000
Total Equity	5 354 000	7 227 000	5 137 000	6 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	34 000
Expenditure	383 000	410 000	468 000	261 000
Operating Profit	−383 000	−410 000	−468 000	−227 000
Financial Income	2 000 000	3 000 000	3 001 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000 000	3 000 000	3 001 000	4 000
Earnings Before Tax	1 617 000	2 590 000	2 532 000	−223 000
Tax	0	0	0	−29 000
Net Income	1 639 000	2 590 000	2 532 000	−194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	484 000	488 000	484 000	484 000
Total Current Assets	4 936 000	6 829 000	4 745 000	6 220 000
Total Assets	5 420 000	7 318 000	5 228 000	6 703 000
Total Retained Equity	4 477 000	6 349 000	4 259 000	5 766 000
Total Equity	5 354 000	7 227 000	5 137 000	6 644 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	65 000	91 000	91 000	60 000
Total Equity and Debt	5 420 000	7 318 000	5 228 000	6 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	34 000
Other Income	0	0	0	0
Revenue	0	0	0	34 000
Cost of Goods Sold	0	0	0	0
Salary Costs	346 000	346 000	346 000	195 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	383 000	410 000	468 000	261 000
Operating Profit	−383 000	−410 000	−468 000	−227 000
Financial Income	2 000 000	3 000 000	3 001 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000 000	3 000 000	3 001 000	4 000
Dividends	3 512 000	500 000	4 038 000	0
Net Income	1 639 000	2 590 000	2 532 000	−194 000

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	484 000	488 000	484 000	484 000
Total Fixed Assets	484 000	488 000	484 000	484 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 931 000	6 829 000	4 740 000	6 215 000
Total Current Assets	4 936 000	6 829 000	4 745 000	6 220 000
Total Assets	5 420 000	7 318 000	5 228 000	6 703 000
Total Equity	5 354 000	7 227 000	5 137 000	6 644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	17 000	20 000	24 000	37 000
Dividends	3 512 000	500 000	4 038 000	0
Other Current Debt	48 000	71 000	66 000	22 000
Total Current Debt	65 000	91 000	91 000	60 000
Total Equity and Debt	5 420 000	7 318 000	5 228 000	6 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,61 %	35,84 %	49,29 %	−2,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−667,65 %
Current Ratio	75,94	75,04	52,14	103,67
Quick Ratio	75,94	75,04	52,14	103,67
Equity Ratio	0,99	0,99	0,98	0,99
Gross Profit Margin	-	-	-	100 %