INNOTRADE AS

1626 MANSTAD

Finances

Share Ownership

Return on Equity

21,65 %

Current Ratio

3,06

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 852 000	6 159 000	5 561 000	5 540 000
Net Income	443 000	668 000	494 000	192 000
Total Assets	3 366 000	2 953 000	2 472 000	2 207 000
Total Equity	2 046 000	1 603 000	935 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 852 000	6 159 000	5 561 000	5 540 000
Expenditure	6 264 000	5 274 000	4 888 000	5 229 000
Operating Profit	588 000	885 000	671 000	311 000
Financial Income	5 000	0	0	1 000
Financial Costs	23 000	29 000	38 000	61 000
Financial Balance	−18 000	−29 000	−38 000	−60 000
Earnings Before Tax	570 000	856 000	634 000	251 000
Tax	128 000	188 000	140 000	59 000
Net Income	443 000	668 000	494 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	357 000	497 000	596 000	844 000
Total Current Assets	3 008 000	2 456 000	1 876 000	1 363 000
Total Assets	3 366 000	2 953 000	2 472 000	2 207 000
Total Retained Equity	1 946 000	1 503 000	835 000	341 000
Total Equity	2 046 000	1 603 000	935 000	441 000
Total Long-Term Debt	336 000	507 000	652 000	873 000
Total Current Debt	984 000	843 000	884 000	892 000
Total Equity and Debt	3 366 000	2 953 000	2 472 000	2 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 852 000	6 093 000	5 561 000	5 474 000
Other Income	0	66 000	0	66 000
Revenue	6 852 000	6 159 000	5 561 000	5 540 000
Cost of Goods Sold	0	2 000	6 000	0
Salary Costs	4 350 000	3 529 000	3 269 000	3 565 000
Depreciation	133 000	267 000	262 000	284 000
Impairment	0	0	0	0
Expenditure	6 264 000	5 274 000	4 888 000	5 229 000
Operating Profit	588 000	885 000	671 000	311 000
Financial Income	5 000	0	0	1 000
Financial Costs	23 000	29 000	38 000	61 000
Financial Balance	−18 000	−29 000	−38 000	−60 000
Dividends	0	0	0	0
Net Income	443 000	668 000	494 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	46 000	27 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	496 000	758 000
Fixtures	291 000	424 000	45 000	45 000
Total Tangible Assets	291 000	424 000	541 000	803 000
Total Fiancial Fixed Assets	23 000	28 000	28 000	28 000
Total Fixed Assets	357 000	497 000	596 000	844 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 738 000	2 413 000	1 824 000	919 000
Total Current Assets	3 008 000	2 456 000	1 876 000	1 363 000
Total Assets	3 366 000	2 953 000	2 472 000	2 207 000
Total Equity	2 046 000	1 603 000	935 000	441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	336 000	507 000	652 000	873 000
Creditors	44 000	24 000	33 000	112 000
Unpaid Taxes	302 000	262 000	295 000	235 000
Dividends	0	0	0	0
Other Current Debt	512 000	350 000	402 000	495 000
Total Current Debt	984 000	843 000	884 000	892 000
Total Equity and Debt	3 366 000	2 953 000	2 472 000	2 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,65 %	41,67 %	52,83 %	43,54 %
Debt-to-Equity Ratio	0,16	0,32	0,7	1,98
Operating Profit Margin	8,58 %	14,37 %	12,07 %	5,61 %
Current Ratio	3,06	2,91	2,12	1,53
Quick Ratio	3,06	2,91	2,12	1,53
Equity Ratio	0,61	0,54	0,38	0,2
Gross Profit Margin	100 %	99,97 %	99,89 %	100 %