PID SOLUTIONS AS

3110 TØNSBERG

Finances

Return on Equity

112,86 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 731 000	17 128 000	15 440 000	14 817 000
Net Income	4 345 000	3 214 000	2 570 000	1 753 000
Total Assets	11 648 000	7 233 000	9 060 000	6 187 000
Total Equity	3 850 000	3 847 000	3 847 000	3 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 731 000	17 128 000	15 440 000	14 817 000
Expenditure	12 352 000	13 222 000	12 325 000	12 774 000
Operating Profit	5 380 000	3 906 000	3 115 000	2 043 000
Financial Income	48 000	12 000	32 000	35 000
Financial Costs	0	0	0	1 000
Financial Balance	48 000	12 000	32 000	34 000
Earnings Before Tax	5 428 000	3 918 000	3 146 000	2 078 000
Tax	1 083 000	704 000	576 000	325 000
Net Income	4 345 000	3 214 000	2 570 000	1 753 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	273 000	305 000	385 000	569 000
Total Current Assets	11 375 000	6 928 000	8 675 000	5 618 000
Total Assets	11 648 000	7 233 000	9 060 000	6 187 000
Total Retained Equity	3 448 000	3 448 000	3 448 000	3 448 000
Total Equity	3 850 000	3 847 000	3 847 000	3 847 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 798 000	3 386 000	5 212 000	2 340 000
Total Equity and Debt	11 648 000	7 233 000	9 060 000	6 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 686 000	17 128 000	15 439 000	14 816 000
Other Income	45 000	0	0	1 000
Revenue	17 731 000	17 128 000	15 440 000	14 817 000
Cost of Goods Sold	11 000	92 000	18 000	70 000
Salary Costs	9 757 000	10 612 000	10 261 000	10 270 000
Depreciation	126 000	144 000	172 000	173 000
Impairment	0	0	0	0
Expenditure	12 352 000	13 222 000	12 325 000	12 774 000
Operating Profit	5 380 000	3 906 000	3 115 000	2 043 000
Financial Income	48 000	12 000	32 000	35 000
Financial Costs	0	0	0	1 000
Financial Balance	48 000	12 000	32 000	34 000
Dividends	4 780 000	714 000	2 570 000	0
Net Income	4 345 000	3 214 000	2 570 000	1 753 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	61 000	58 000	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	244 000	327 000	499 000
Total Tangible Assets	221 000	244 000	327 000	499 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	273 000	305 000	385 000	569 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 514 000	5 156 000	7 248 000	3 945 000
Total Current Assets	11 375 000	6 928 000	8 675 000	5 618 000
Total Assets	11 648 000	7 233 000	9 060 000	6 187 000
Total Equity	3 850 000	3 847 000	3 847 000	3 847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	104 000	194 000	95 000	243 000
Unpaid Taxes	1 228 000	1 364 000	1 411 000	1 040 000
Dividends	4 780 000	714 000	2 570 000	0
Other Current Debt	1 124 000	1 114 000	1 093 000	1 057 000
Total Current Debt	7 798 000	3 386 000	5 212 000	2 340 000
Total Equity and Debt	11 648 000	7 233 000	9 060 000	6 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	112,86 %	83,55 %	66,81 %	45,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,34 %	22,8 %	20,17 %	13,79 %
Current Ratio	1,46	2,05	1,66	2,4
Quick Ratio	1,46	2,05	1,66	2,4
Equity Ratio	0,33	0,53	0,42	0,62
Gross Profit Margin	99,94 %	99,46 %	99,88 %	99,53 %