PIANOBAREN AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

97,1 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 637 000	1 551 000	1 607 000	1 448 000
Net Income	201 000	−104 000	−26 000	−14 000
Total Assets	429 000	252 000	318 000	312 000
Total Equity	207 000	6 000	111 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 637 000	1 551 000	1 607 000	1 448 000
Expenditure	2 436 000	1 656 000	1 633 000	1 462 000
Operating Profit	201 000	−104 000	−26 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	201 000	−104 000	−26 000	−14 000
Tax	1 000	0	0	0
Net Income	201 000	−104 000	−26 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	49 000	63 000	123 000
Total Current Assets	377 000	203 000	255 000	189 000
Total Assets	429 000	252 000	318 000	312 000
Total Retained Equity	7 000	−194 000	−89 000	−64 000
Total Equity	207 000	6 000	111 000	136 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	222 000	245 000	208 000	175 000
Total Equity and Debt	429 000	252 000	318 000	312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 605 000	1 444 000	1 552 000	1 448 000
Other Income	32 000	107 000	55 000	0
Revenue	2 637 000	1 551 000	1 607 000	1 448 000
Cost of Goods Sold	897 000	561 000	635 000	582 000
Salary Costs	1 096 000	723 000	636 000	453 000
Depreciation	2 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	2 436 000	1 656 000	1 633 000	1 462 000
Operating Profit	201 000	−104 000	−26 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	201 000	−104 000	−26 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 000	12 000	23 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 000	12 000	23 000
Total Fiancial Fixed Assets	52 000	47 000	51 000	100 000
Total Fixed Assets	52 000	49 000	63 000	123 000
Stock	50 000	67 000	48 000	47 000
Total Investments	0	0	0	0
Cash, Bank	292 000	103 000	176 000	120 000
Total Current Assets	377 000	203 000	255 000	189 000
Total Assets	429 000	252 000	318 000	312 000
Total Equity	207 000	6 000	111 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	26 000	38 000	1 000
Unpaid Taxes	122 000	161 000	88 000	88 000
Dividends	0	0	0	0
Other Current Debt	99 000	59 000	81 000	87 000
Total Current Debt	222 000	245 000	208 000	175 000
Total Equity and Debt	429 000	252 000	318 000	312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,1 %	−1 733,33 %	−23,42 %	−10,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,62 %	−6,71 %	−1,62 %	−0,97 %
Current Ratio	1,7	0,83	1,23	1,08
Quick Ratio	2,19	1,14	1,59	1,48
Equity Ratio	0,48	0,02	0,35	0,44
Gross Profit Margin	65,98 %	63,83 %	60,49 %	59,81 %