PIETARIS AS

2040 KLØFTA

Finances

Return on Equity

−56,78 %

Current Ratio

0,62

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 010 000	20 060 000	22 810 000	28 317 000
Net Income	−3 578 000	−2 364 000	−865 000	1 439 000
Total Assets	11 991 000	16 429 000	20 945 000	24 483 000
Total Equity	6 301 000	9 879 000	12 243 000	13 107 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 010 000	20 060 000	22 810 000	28 317 000
Expenditure	21 677 000	22 680 000	23 896 000	26 413 000
Operating Profit	−3 667 000	−2 619 000	−1 086 000	1 903 000
Financial Income	177 000	170 000	170 000	160 000
Financial Costs	88 000	114 000	192 000	218 000
Financial Balance	89 000	56 000	−22 000	−58 000
Earnings Before Tax	−3 578 000	−2 563 000	−1 109 000	1 845 000
Tax	0	−199 000	−244 000	406 000
Net Income	−3 578 000	−2 364 000	−865 000	1 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 283 000	11 399 000	13 318 000	15 181 000
Total Current Assets	2 708 000	5 030 000	7 626 000	9 303 000
Total Assets	11 991 000	16 429 000	20 945 000	24 483 000
Total Retained Equity	6 201 000	9 779 000	12 143 000	13 007 000
Total Equity	6 301 000	9 879 000	12 243 000	13 107 000
Total Long-Term Debt	1 291 000	2 434 000	4 259 000	7 029 000
Total Current Debt	4 399 000	4 116 000	4 442 000	4 347 000
Total Equity and Debt	11 991 000	16 429 000	20 945 000	24 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 984 000	20 007 000	22 240 000	28 317 000
Other Income	26 000	54 000	571 000	0
Revenue	18 010 000	20 060 000	22 810 000	28 317 000
Cost of Goods Sold	1 970 000	2 094 000	3 951 000	3 663 000
Salary Costs	6 499 000	8 388 000	7 738 000	9 441 000
Depreciation	3 208 000	3 416 000	3 697 000	3 316 000
Impairment	185 000	0	0	0
Expenditure	21 677 000	22 680 000	23 896 000	26 413 000
Operating Profit	−3 667 000	−2 619 000	−1 086 000	1 903 000
Financial Income	177 000	170 000	170 000	160 000
Financial Costs	88 000	114 000	192 000	218 000
Financial Balance	89 000	56 000	−22 000	−58 000
Dividends	0	0	0	0
Net Income	−3 578 000	−2 364 000	−865 000	1 439 000

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	3 803 000	6 043 000	8 423 000	10 063 000
Fixtures	736 000	557 000	458 000	991 000
Total Tangible Assets	4 539 000	6 599 000	8 880 000	11 054 000
Total Fiancial Fixed Assets	4 744 000	4 800 000	4 438 000	4 127 000
Total Fixed Assets	9 283 000	11 399 000	13 318 000	15 181 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 103 000	3 998 000	4 601 000	6 913 000
Total Current Assets	2 708 000	5 030 000	7 626 000	9 303 000
Total Assets	11 991 000	16 429 000	20 945 000	24 483 000
Total Equity	6 301 000	9 879 000	12 243 000	13 107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 291 000	2 434 000	4 259 000	7 029 000
Creditors	2 336 000	1 711 000	1 880 000	1 013 000
Unpaid Taxes	654 000	857 000	1 206 000	1 303 000
Dividends	0	0	0	0
Other Current Debt	1 409 000	1 548 000	1 356 000	1 469 000
Total Current Debt	4 399 000	4 116 000	4 442 000	4 347 000
Total Equity and Debt	11 991 000	16 429 000	20 945 000	24 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,78 %	−23,93 %	−7,07 %	10,98 %
Debt-to-Equity Ratio	0,2	0,25	0,35	0,54
Operating Profit Margin	−20,36 %	−13,06 %	−4,76 %	6,72 %
Current Ratio	0,62	1,22	1,72	2,14
Quick Ratio	0,62	1,22	1,72	2,14
Equity Ratio	0,53	0,6	0,58	0,54
Gross Profit Margin	89,06 %	89,56 %	82,68 %	87,06 %