INOVIT AS

0281 OSLO

Finances

Share Ownership

Return on Equity

18,57 %

Current Ratio

Debt-to-Equity Ratio

−0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 099 000	11 500 000	0	0
Net Income	−767 000	−15 000	−1 266 000	−865 000
Total Assets	7 067 000	7 542 000	15 451 000	8 816 000
Total Equity	−4 130 000	−3 362 000	−3 348 000	−2 081 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 099 000	11 500 000	0	0
Expenditure	2 933 000	10 545 000	81 000	66 000
Operating Profit	166 000	955 000	−81 000	−66 000
Financial Income	5 000	2 000	0	0
Financial Costs	939 000	971 000	1 185 000	799 000
Financial Balance	−934 000	−969 000	−1 185 000	−799 000
Earnings Before Tax	−767 000	−15 000	−1 266 000	−865 000
Tax	0	0	0	0
Net Income	−767 000	−15 000	−1 266 000	−865 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 030 000	5 000	15 437 000	8 638 000
Total Current Assets	38 000	7 537 000	14 000	178 000
Total Assets	7 067 000	7 542 000	15 451 000	8 816 000
Total Retained Equity	−4 160 000	−3 392 000	−3 378 000	−2 111 000
Total Equity	−4 130 000	−3 362 000	−3 348 000	−2 081 000
Total Long-Term Debt	2 149 000	4 379 000	12 616 000	5 139 000
Total Current Debt	9 048 000	6 525 000	6 183 000	5 758 000
Total Equity and Debt	7 067 000	7 542 000	15 451 000	8 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 099 000	11 500 000	0	0
Revenue	3 099 000	11 500 000	0	0
Cost of Goods Sold	2 663 000	10 250 000	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	2 933 000	10 545 000	81 000	66 000
Operating Profit	166 000	955 000	−81 000	−66 000
Financial Income	5 000	2 000	0	0
Financial Costs	939 000	971 000	1 185 000	799 000
Financial Balance	−934 000	−969 000	−1 185 000	−799 000
Dividends	0	0	0	0
Net Income	−767 000	−15 000	−1 266 000	−865 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	15 000	26 000
Real Eastate	7 030 000	0	15 421 000	8 613 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 030 000	0	15 421 000	8 613 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 030 000	5 000	15 437 000	8 638 000
Stock	0	7 528 000	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	3 000	4 000	173 000
Total Current Assets	38 000	7 537 000	14 000	178 000
Total Assets	7 067 000	7 542 000	15 451 000	8 816 000
Total Equity	−4 130 000	−3 362 000	−3 348 000	−2 081 000
Short-Term Group Debt	0	462 000	410 000	392 000
Total Long-Term Debt	2 149 000	4 379 000	12 616 000	5 139 000
Creditors	1 243 000	263 000	373 000	331 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 805 000	5 800 000	5 400 000	5 034 000
Total Current Debt	9 048 000	6 525 000	6 183 000	5 758 000
Total Equity and Debt	7 067 000	7 542 000	15 451 000	8 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,57 %	0,45 %	37,81 %	41,57 %
Debt-to-Equity Ratio	−0,52	−1,3	−3,77	−2,47
Operating Profit Margin	5,36 %	8,3 %	-	-
Current Ratio	0	1,16	0	0,03
Quick Ratio	0	−7,51	0	0,03
Equity Ratio	−0,58	−0,45	−0,22	−0,24
Gross Profit Margin	14,07 %	10,87 %	-	-