PIBEN AS

3941 PORSGRUNN

Finances

Return on Equity

8,53 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	32 000	80 000
Net Income	−81 000	−26 000	−5 000	−1 003 000
Total Assets	5 705 000	4 452 000	4 515 000	3 129 000
Total Equity	−950 000	−869 000	−843 000	−838 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	32 000	80 000
Expenditure	21 000	34 000	48 000	45 000
Operating Profit	−21 000	−34 000	−17 000	36 000
Financial Income	0	0	26 000	0
Financial Costs	62 000	0	0	1 039 000
Financial Balance	−62 000	0	26 000	−1 039 000
Earnings Before Tax	−84 000	−34 000	10 000	−1 003 000
Tax	−3 000	−7 000	15 000	0
Net Income	−81 000	−26 000	−5 000	−1 003 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	220 000	220 000	220 000	220 000
Total Current Assets	5 485 000	4 232 000	4 295 000	2 909 000
Total Assets	5 705 000	4 452 000	4 515 000	3 129 000
Total Retained Equity	−1 154 000	−1 074 000	−1 047 000	−1 042 000
Total Equity	−950 000	−869 000	−843 000	−838 000
Total Long-Term Debt	0	3 000	10 000	0
Total Current Debt	6 655 000	5 318 000	5 348 000	3 967 000
Total Equity and Debt	5 705 000	4 452 000	4 515 000	3 129 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	32 000	0
Other Income	0	0	0	80 000
Revenue	0	0	32 000	80 000
Cost of Goods Sold	0	0	25 000	0
Salary Costs	0	0	0	10 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	34 000	48 000	45 000
Operating Profit	−21 000	−34 000	−17 000	36 000
Financial Income	0	0	26 000	0
Financial Costs	62 000	0	0	1 039 000
Financial Balance	−62 000	0	26 000	−1 039 000
Dividends	0	0	0	0
Net Income	−81 000	−26 000	−5 000	−1 003 000

Balance details (NOK)	2021	2020	2019	2018
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	220 000	220 000	220 000	220 000
Total Fixed Assets	220 000	220 000	220 000	220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	7 000	38 000	193 000
Total Current Assets	5 485 000	4 232 000	4 295 000	2 909 000
Total Assets	5 705 000	4 452 000	4 515 000	3 129 000
Total Equity	−950 000	−869 000	−843 000	−838 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	10 000	0
Creditors	49 000	37 000	29 000	13 000
Unpaid Taxes	0	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	6 601 000	5 276 000	5 313 000	3 953 000
Total Current Debt	6 655 000	5 318 000	5 348 000	3 967 000
Total Equity and Debt	5 705 000	4 452 000	4 515 000	3 129 000

Financial indicators	2021	2020	2019	2018
Return on Equity	8,53 %	2,99 %	0,59 %	119,69 %
Debt-to-Equity Ratio	−0	−0	−0,01	−0
Operating Profit Margin	-	-	−53,13 %	45 %
Current Ratio	0,82	0,8	0,8	0,73
Quick Ratio	0,82	0,8	0,8	0,73
Equity Ratio	−0,17	−0,2	−0,19	−0,27
Gross Profit Margin	-	-	21,88 %	100 %