INNOVASJON RØRVIK AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

0,84 %

Current Ratio

11,21

Debt-to-Equity Ratio

2,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	430 000	382 000	297 000	425 000
Net Income	10 000	−2 000	−110 000	−74 000
Total Assets	4 655 000	5 189 000	5 352 000	5 700 000
Total Equity	1 191 000	1 181 000	1 183 000	1 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	430 000	382 000	297 000	425 000
Expenditure	288 000	279 000	305 000	361 000
Operating Profit	142 000	102 000	−8 000	64 000
Financial Income	7 000	2 000	4 000	9 000
Financial Costs	135 000	107 000	137 000	168 000
Financial Balance	−128 000	−105 000	−133 000	−159 000
Earnings Before Tax	13 000	−3 000	−140 000	−95 000
Tax	3 000	−1 000	−31 000	−21 000
Net Income	10 000	−2 000	−110 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 274 000	4 456 000	4 646 000	4 835 000
Total Current Assets	381 000	734 000	706 000	865 000
Total Assets	4 655 000	5 189 000	5 352 000	5 700 000
Total Retained Equity	−3 162 000	−3 172 000	−3 170 000	−3 060 000
Total Equity	1 191 000	1 181 000	1 183 000	1 219 000
Total Long-Term Debt	3 430 000	3 901 000	4 100 000	4 458 000
Total Current Debt	34 000	108 000	69 000	23 000
Total Equity and Debt	4 655 000	5 189 000	5 352 000	5 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	15 000
Other Income	430 000	382 000	297 000	410 000
Revenue	430 000	382 000	297 000	425 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	190 000	190 000	190 000	190 000
Impairment	0	0	0	0
Expenditure	288 000	279 000	305 000	361 000
Operating Profit	142 000	102 000	−8 000	64 000
Financial Income	7 000	2 000	4 000	9 000
Financial Costs	135 000	107 000	137 000	168 000
Financial Balance	−128 000	−105 000	−133 000	−159 000
Dividends	0	0	0	0
Net Income	10 000	−2 000	−110 000	−74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	4 266 000	4 456 000	4 646 000	4 835 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 266 000	4 456 000	4 646 000	4 835 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 274 000	4 456 000	4 646 000	4 835 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	355 000	734 000	612 000	754 000
Total Current Assets	381 000	734 000	706 000	865 000
Total Assets	4 655 000	5 189 000	5 352 000	5 700 000
Total Equity	1 191 000	1 181 000	1 183 000	1 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 430 000	3 901 000	4 100 000	4 458 000
Creditors	6 000	0	9 000	14 000
Unpaid Taxes	0	1 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	10 000	95 000	60 000	7 000
Total Current Debt	34 000	108 000	69 000	23 000
Total Equity and Debt	4 655 000	5 189 000	5 352 000	5 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,84 %	−0,17 %	−9,3 %	−6,07 %
Debt-to-Equity Ratio	2,88	3,3	3,47	3,66
Operating Profit Margin	33,02 %	26,7 %	−2,69 %	15,06 %
Current Ratio	11,21	6,8	10,23	37,61
Quick Ratio	11,21	6,8	10,23	37,61
Equity Ratio	0,26	0,23	0,22	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %