PIPE R.SPESIALISTEN AS

6643 BØFJORDEN

Finances

Share Ownership

Return on Equity

151,43 %

Current Ratio

1,86

Debt-to-Equity Ratio

2,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 260 000	1 133 000	774 000	781 000
Net Income	265 000	207 000	74 000	27 000
Total Assets	905 000	294 000	219 000	241 000
Total Equity	175 000	60 000	−46 000	−120 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 260 000	1 133 000	774 000	781 000
Expenditure	967 000	920 000	692 000	745 000
Operating Profit	293 000	213 000	82 000	36 000
Financial Income	0	0	0	0
Financial Costs	28 000	7 000	8 000	9 000
Financial Balance	−28 000	−7 000	−8 000	−9 000
Earnings Before Tax	265 000	207 000	74 000	27 000
Tax	0	0	0	0
Net Income	265 000	207 000	74 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	433 000	30 000	48 000	65 000
Total Current Assets	473 000	264 000	172 000	175 000
Total Assets	905 000	294 000	219 000	241 000
Total Retained Equity	145 000	30 000	−76 000	−150 000
Total Equity	175 000	60 000	−46 000	−120 000
Total Long-Term Debt	476 000	29 000	53 000	80 000
Total Current Debt	254 000	205 000	212 000	281 000
Total Equity and Debt	905 000	294 000	219 000	241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 238 000	1 126 000	774 000	770 000
Other Income	22 000	8 000	0	11 000
Revenue	1 260 000	1 133 000	774 000	781 000
Cost of Goods Sold	31 000	104 000	98 000	95 000
Salary Costs	540 000	555 000	454 000	430 000
Depreciation	79 000	18 000	18 000	29 000
Impairment	0	0	0	0
Expenditure	967 000	920 000	692 000	745 000
Operating Profit	293 000	213 000	82 000	36 000
Financial Income	0	0	0	0
Financial Costs	28 000	7 000	8 000	9 000
Financial Balance	−28 000	−7 000	−8 000	−9 000
Dividends	0	0	0	0
Net Income	265 000	207 000	74 000	27 000

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	413 000	30 000	48 000	65 000
Total Tangible Assets	413 000	30 000	48 000	65 000
Total Fiancial Fixed Assets	20 000	0	0	0
Total Fixed Assets	433 000	30 000	48 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	301 000	148 000	97 000	156 000
Total Current Assets	473 000	264 000	172 000	175 000
Total Assets	905 000	294 000	219 000	241 000
Total Equity	175 000	60 000	−46 000	−120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	476 000	29 000	53 000	80 000
Creditors	27 000	19 000	60 000	33 000
Unpaid Taxes	107 000	81 000	41 000	38 000
Dividends	0	0	0	0
Other Current Debt	120 000	105 000	111 000	210 000
Total Current Debt	254 000	205 000	212 000	281 000
Total Equity and Debt	905 000	294 000	219 000	241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	151,43 %	345 %	−160,87 %	−22,5 %
Debt-to-Equity Ratio	2,72	0,48	−1,15	−0,67
Operating Profit Margin	23,25 %	18,8 %	10,59 %	4,61 %
Current Ratio	1,86	1,29	0,81	0,62
Quick Ratio	1,86	1,29	0,81	0,62
Equity Ratio	0,19	0,2	−0,21	−0,5
Gross Profit Margin	97,54 %	90,82 %	87,34 %	87,84 %