PIREN 1 AS

3711 SKIEN

Finances

Return on Equity

−39,1 %

Current Ratio

3,91

Debt-to-Equity Ratio

−5,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	511 000	−495 000	−587 000	−779 000
Total Assets	7 845 000	6 167 000	6 255 000	5 839 000
Total Equity	−1 307 000	−2 917 000	−2 422 000	−1 835 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	68 000	162 000	222 000	550 000
Operating Profit	−68 000	−162 000	−222 000	−549 000
Financial Income	1 000 000	0	0	1 000
Financial Costs	421 000	333 000	365 000	231 000
Financial Balance	579 000	−333 000	−365 000	−230 000
Earnings Before Tax	511 000	−495 000	−587 000	−779 000
Tax	0	0	0	0
Net Income	511 000	−495 000	−587 000	−779 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	71 000	166 000
Total Current Assets	7 845 000	6 167 000	6 184 000	5 674 000
Total Assets	7 845 000	6 167 000	6 255 000	5 839 000
Total Retained Equity	−10 828 000	−11 338 000	−10 843 000	−10 256 000
Total Equity	−1 307 000	−2 917 000	−2 422 000	−1 835 000
Total Long-Term Debt	7 145 000	6 900 000	6 900 000	6 900 000
Total Current Debt	2 007 000	2 184 000	1 777 000	774 000
Total Equity and Debt	7 845 000	6 167 000	6 255 000	5 839 000

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	19 000
Salary Costs	0	0	0	0
Depreciation	0	71 000	95 000	95 000
Impairment	0	0	0	0
Expenditure	68 000	162 000	222 000	550 000
Operating Profit	−68 000	−162 000	−222 000	−549 000
Financial Income	1 000 000	0	0	1 000
Financial Costs	421 000	333 000	365 000	231 000
Financial Balance	579 000	−333 000	−365 000	−230 000
Dividends	0	0	0	0
Net Income	511 000	−495 000	−587 000	−779 000

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	71 000	166 000
Total Tangible Assets	0	0	71 000	166 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	71 000	166 000
Stock	3 108 000	3 108 000	3 108 000	3 108 000
Total Investments	30 000	30 000	30 000	30 000
Cash, Bank	6 000	8 000	25 000	115 000
Total Current Assets	7 845 000	6 167 000	6 184 000	5 674 000
Total Assets	7 845 000	6 167 000	6 255 000	5 839 000
Total Equity	−1 307 000	−2 917 000	−2 422 000	−1 835 000
Short-Term Group Debt	1 650 000	789 000	500 000	0
Total Long-Term Debt	7 145 000	6 900 000	6 900 000	6 900 000
Creditors	19 000	123 000	76 000	757 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	338 000	1 272 000	1 201 000	16 000
Total Current Debt	2 007 000	2 184 000	1 777 000	774 000
Total Equity and Debt	7 845 000	6 167 000	6 255 000	5 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,1 %	16,97 %	24,24 %	42,45 %
Debt-to-Equity Ratio	−5,47	−2,37	−2,85	−3,76
Operating Profit Margin	-	-	-	-
Current Ratio	3,91	2,82	3,48	7,33
Quick Ratio	−7,13	−6,67	−4,65	−2,43
Equity Ratio	−0,17	−0,47	−0,39	−0,31
Gross Profit Margin	-	-	-	-