PIANOSTEMMER ELLEFSEN AS

3189 HORTEN

Finances

Share Ownership

Return on Equity

23,69 %

Current Ratio

0,54

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	891 000	916 000	753 000	891 000
Net Income	59 000	73 000	24 000	4 000
Total Assets	832 000	628 000	591 000	652 000
Total Equity	249 000	190 000	232 000	238 000

Income (NOK)	2022	2021	2020	2019
Revenue	891 000	916 000	753 000	891 000
Expenditure	812 000	818 000	717 000	882 000
Operating Profit	79 000	98 000	35 000	9 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	6 000	3 000
Financial Balance	−5 000	−5 000	−6 000	−3 000
Earnings Before Tax	75 000	94 000	29 000	5 000
Tax	17 000	21 000	5 000	1 000
Net Income	59 000	73 000	24 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	531 000	181 000	243 000	305 000
Total Current Assets	301 000	447 000	348 000	347 000
Total Assets	832 000	628 000	591 000	652 000
Total Retained Equity	219 000	160 000	202 000	208 000
Total Equity	249 000	190 000	232 000	238 000
Total Long-Term Debt	22 000	120 000	185 000	242 000
Total Current Debt	562 000	318 000	174 000	172 000
Total Equity and Debt	832 000	628 000	591 000	652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	891 000	916 000	753 000	891 000
Other Income	0	0	0	0
Revenue	891 000	916 000	753 000	891 000
Cost of Goods Sold	3 000	10 000	21 000	28 000
Salary Costs	669 000	619 000	508 000	608 000
Depreciation	17 000	62 000	62 000	5 000
Impairment	0	0	0	0
Expenditure	812 000	818 000	717 000	882 000
Operating Profit	79 000	98 000	35 000	9 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	6 000	3 000
Financial Balance	−5 000	−5 000	−6 000	−3 000
Dividends	0	115 000	30 000	0
Net Income	59 000	73 000	24 000	4 000

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	531 000	181 000	243 000	305 000
Total Tangible Assets	531 000	181 000	243 000	305 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	531 000	181 000	243 000	305 000
Stock	126 000	107 000	95 000	102 000
Total Investments	0	0	0	0
Cash, Bank	137 000	268 000	164 000	182 000
Total Current Assets	301 000	447 000	348 000	347 000
Total Assets	832 000	628 000	591 000	652 000
Total Equity	249 000	190 000	232 000	238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	120 000	185 000	242 000
Creditors	388 000	13 000	1 000	12 000
Unpaid Taxes	111 000	102 000	89 000	102 000
Dividends	0	115 000	30 000	0
Other Current Debt	62 000	58 000	47 000	51 000
Total Current Debt	562 000	318 000	174 000	172 000
Total Equity and Debt	832 000	628 000	591 000	652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,69 %	38,42 %	10,34 %	1,68 %
Debt-to-Equity Ratio	0,09	0,63	0,8	1,02
Operating Profit Margin	8,87 %	10,7 %	4,65 %	1,01 %
Current Ratio	0,54	1,41	2	2,02
Quick Ratio	0,69	2,12	4,41	4,96
Equity Ratio	0,3	0,3	0,39	0,37
Gross Profit Margin	99,66 %	98,91 %	97,21 %	96,86 %