PIPA SEASIDE INVEST AS

3050 MJØNDALEN

Finances

Share Ownership

Return on Equity

0,79 %

Current Ratio

Debt-to-Equity Ratio

−3,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−24 000	−947 000	−20 000	−22 000
Total Assets	8 276 000	8 276 000	9 200 000	9 200 000
Total Equity	−3 044 000	−3 021 000	−2 073 000	−2 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	23 000	948 000	20 000	22 000
Operating Profit	−23 000	−947 000	−20 000	−22 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−24 000	−947 000	−20 000	−22 000
Tax	0	0	0	0
Net Income	−24 000	−947 000	−20 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 276 000	8 276 000	9 200 000	9 200 000
Total Current Assets	0	0	0	0
Total Assets	8 276 000	8 276 000	9 200 000	9 200 000
Total Retained Equity	−5 044 000	−5 021 000	−4 073 000	−4 054 000
Total Equity	−3 044 000	−3 021 000	−2 073 000	−2 054 000
Total Long-Term Debt	11 292 000	11 269 000	11 244 000	11 221 000
Total Current Debt	29 000	27 000	29 000	32 000
Total Equity and Debt	8 276 000	8 276 000	9 200 000	9 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	924 000	0	0
Expenditure	23 000	948 000	20 000	22 000
Operating Profit	−23 000	−947 000	−20 000	−22 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−24 000	−947 000	−20 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 276 000	8 276 000	9 200 000	9 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 276 000	8 276 000	9 200 000	9 200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 276 000	8 276 000	9 200 000	9 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	0	0	0
Total Assets	8 276 000	8 276 000	9 200 000	9 200 000
Total Equity	−3 044 000	−3 021 000	−2 073 000	−2 054 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 292 000	11 269 000	11 244 000	11 221 000
Creditors	1 000	0	2 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	27 000	27 000	27 000	27 000
Total Current Debt	29 000	27 000	29 000	32 000
Total Equity and Debt	8 276 000	8 276 000	9 200 000	9 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,79 %	31,35 %	0,96 %	1,07 %
Debt-to-Equity Ratio	−3,71	−3,73	−5,42	−5,46
Operating Profit Margin	-	-	-	-
Current Ratio	0	0	0	0
Quick Ratio	0	0	0	0
Equity Ratio	−0,37	−0,37	−0,23	−0,22
Gross Profit Margin	-	-	-	-