PIVOT INDUSTRIDESIGN AS

0178 OSLO

Finances

Return on Equity

85,31 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 690 000	6 100 000	5 755 000	4 778 000
Net Income	935 000	−49 000	−128 000	−7 000
Total Assets	2 060 000	1 303 000	1 735 000	1 734 000
Total Equity	1 096 000	199 000	248 000	376 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 690 000	6 100 000	5 755 000	4 778 000
Expenditure	4 476 000	6 084 000	5 078 000	4 746 000
Operating Profit	1 214 000	16 000	677 000	32 000
Financial Income	9 000	4 000	10 000	3 000
Financial Costs	29 000	69 000	676 000	42 000
Financial Balance	−20 000	−65 000	−666 000	−39 000
Earnings Before Tax	1 194 000	−49 000	11 000	−7 000
Tax	259 000	0	139 000	0
Net Income	935 000	−49 000	−128 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	277 000	353 000	1 101 000
Total Current Assets	1 988 000	1 025 000	1 382 000	633 000
Total Assets	2 060 000	1 303 000	1 735 000	1 734 000
Total Retained Equity	1 015 000	99 000	148 000	276 000
Total Equity	1 096 000	199 000	248 000	376 000
Total Long-Term Debt	0	162 000	214 000	264 000
Total Current Debt	964 000	942 000	1 273 000	1 094 000
Total Equity and Debt	2 060 000	1 303 000	1 735 000	1 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 597 000	6 098 000	5 742 000	4 595 000
Other Income	92 000	2 000	13 000	183 000
Revenue	5 690 000	6 100 000	5 755 000	4 778 000
Cost of Goods Sold	1 057 000	1 779 000	1 734 000	1 168 000
Salary Costs	2 659 000	3 094 000	2 519 000	2 637 000
Depreciation	64 000	109 000	130 000	73 000
Impairment	0	0	0	0
Expenditure	4 476 000	6 084 000	5 078 000	4 746 000
Operating Profit	1 214 000	16 000	677 000	32 000
Financial Income	9 000	4 000	10 000	3 000
Financial Costs	29 000	69 000	676 000	42 000
Financial Balance	−20 000	−65 000	−666 000	−39 000
Dividends	0	0	0	0
Net Income	935 000	−49 000	−128 000	−7 000

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	12 000	0	0	0
Fixtures	59 000	277 000	353 000	484 000
Total Tangible Assets	72 000	277 000	353 000	484 000
Total Fiancial Fixed Assets	0	0	0	618 000
Total Fixed Assets	72 000	277 000	353 000	1 101 000
Stock	33 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 192 000	303 000	648 000	153 000
Total Current Assets	1 988 000	1 025 000	1 382 000	633 000
Total Assets	2 060 000	1 303 000	1 735 000	1 734 000
Total Equity	1 096 000	199 000	248 000	376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	162 000	214 000	264 000
Creditors	144 000	135 000	121 000	173 000
Unpaid Taxes	292 000	520 000	783 000	492 000
Dividends	0	0	0	0
Other Current Debt	268 000	286 000	230 000	429 000
Total Current Debt	964 000	942 000	1 273 000	1 094 000
Total Equity and Debt	2 060 000	1 303 000	1 735 000	1 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,31 %	−24,62 %	−51,61 %	−1,86 %
Debt-to-Equity Ratio	0	0,81	0,86	0,7
Operating Profit Margin	21,34 %	0,26 %	11,76 %	0,67 %
Current Ratio	2,06	1,09	1,09	0,58
Quick Ratio	2,14	1,09	1,09	0,58
Equity Ratio	0,53	0,15	0,14	0,22
Gross Profit Margin	81,42 %	70,84 %	69,87 %	75,55 %