IGLOO INNOVATION AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

−6,94 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 300 000	3 168 000	2 919 000	600 000
Net Income	−10 000	−198 000	286 000	19 000
Total Assets	606 000	2 732 000	3 526 000	396 000
Total Equity	144 000	154 000	352 000	65 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 300 000	3 168 000	2 919 000	600 000
Expenditure	2 179 000	3 350 000	2 550 000	580 000
Operating Profit	121 000	−181 000	369 000	20 000
Financial Income	0	0	0	0
Financial Costs	131 000	17 000	2 000	0
Financial Balance	−131 000	−17 000	−2 000	0
Earnings Before Tax	−10 000	−198 000	367 000	20 000
Tax	0	0	81 000	1 000
Net Income	−10 000	−198 000	286 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	10 000	14 000	0
Total Current Assets	561 000	2 721 000	3 512 000	396 000
Total Assets	606 000	2 732 000	3 526 000	396 000
Total Retained Equity	114 000	124 000	322 000	35 000
Total Equity	144 000	154 000	352 000	65 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	462 000	2 577 000	3 175 000	330 000
Total Equity and Debt	606 000	2 732 000	3 526 000	396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 483 000	1 603 000	1 668 000	525 000
Other Income	817 000	1 566 000	1 251 000	75 000
Revenue	2 300 000	3 168 000	2 919 000	600 000
Cost of Goods Sold	15 000	375 000	1 368 000	562 000
Salary Costs	595 000	353 000	42 000	0
Depreciation	15 000	4 000	6 000	0
Impairment	0	0	0	0
Expenditure	2 179 000	3 350 000	2 550 000	580 000
Operating Profit	121 000	−181 000	369 000	20 000
Financial Income	0	0	0	0
Financial Costs	131 000	17 000	2 000	0
Financial Balance	−131 000	−17 000	−2 000	0
Dividends	0	0	0	0
Net Income	−10 000	−198 000	286 000	19 000

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	35 000	10 000	14 000	0
Total Tangible Assets	35 000	10 000	14 000	0
Total Fiancial Fixed Assets	10 000	0	0	0
Total Fixed Assets	45 000	10 000	14 000	0
Stock	−12 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	455 000	2 003 000	3 198 000	396 000
Total Current Assets	561 000	2 721 000	3 512 000	396 000
Total Assets	606 000	2 732 000	3 526 000	396 000
Total Equity	144 000	154 000	352 000	65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	360 000	979 000	36 000	329 000
Unpaid Taxes	22 000	−97 000	−15 000	0
Dividends	0	0	0	0
Other Current Debt	81 000	1 696 000	3 073 000	0
Total Current Debt	462 000	2 577 000	3 175 000	330 000
Total Equity and Debt	606 000	2 732 000	3 526 000	396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,94 %	−128,57 %	81,25 %	29,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,26 %	−5,71 %	12,64 %	3,33 %
Current Ratio	1,21	1,06	1,11	1,2
Quick Ratio	1,18	1,06	1,11	1,2
Equity Ratio	0,24	0,06	0,1	0,16
Gross Profit Margin	99,35 %	88,16 %	53,13 %	6,33 %