INNOVATIO AS

4027 STAVANGER

Finances

Return on Equity

−2,8 %

Current Ratio

411,6

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−102 000	−961 000	38 000	88 000
Total Assets	4 955 000	4 771 000	4 718 000	4 705 000
Total Equity	3 643 000	3 745 000	4 705 000	4 667 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	63 000	46 000	28 000	22 000
Operating Profit	−63 000	−46 000	−28 000	−22 000
Financial Income	48 000	252 000	77 000	126 000
Financial Costs	87 000	1 166 000	0	0
Financial Balance	−39 000	−914 000	77 000	126 000
Earnings Before Tax	−102 000	−961 000	49 000	103 000
Tax	0	0	11 000	15 000
Net Income	−102 000	−961 000	38 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 897 000	2 897 000	4 407 000	4 384 000
Total Current Assets	2 058 000	1 874 000	311 000	321 000
Total Assets	4 955 000	4 771 000	4 718 000	4 705 000
Total Retained Equity	3 613 000	3 715 000	4 675 000	4 637 000
Total Equity	3 643 000	3 745 000	4 705 000	4 667 000
Total Long-Term Debt	1 307 000	1 021 000	0	0
Total Current Debt	5 000	5 000	12 000	37 000
Total Equity and Debt	4 955 000	4 771 000	4 718 000	4 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	63 000	46 000	28 000	22 000
Operating Profit	−63 000	−46 000	−28 000	−22 000
Financial Income	48 000	252 000	77 000	126 000
Financial Costs	87 000	1 166 000	0	0
Financial Balance	−39 000	−914 000	77 000	126 000
Dividends	0	0	0	0
Net Income	−102 000	−961 000	38 000	88 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 897 000	2 897 000	4 407 000	4 384 000
Total Fixed Assets	2 897 000	2 897 000	4 407 000	4 384 000
Stock	0	0	0	0
Total Investments	1 479 000	1 486 000	0	0
Cash, Bank	579 000	388 000	234 000	298 000
Total Current Assets	2 058 000	1 874 000	311 000	321 000
Total Assets	4 955 000	4 771 000	4 718 000	4 705 000
Total Equity	3 643 000	3 745 000	4 705 000	4 667 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 307 000	1 021 000	0	0
Creditors	0	3 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	2 000	1 000	21 000
Total Current Debt	5 000	5 000	12 000	37 000
Total Equity and Debt	4 955 000	4 771 000	4 718 000	4 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,8 %	−25,66 %	0,81 %	1,89 %
Debt-to-Equity Ratio	0,36	0,27	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	411,6	374,8	25,92	8,68
Quick Ratio	411,6	374,8	25,92	8,68
Equity Ratio	0,74	0,78	1	0,99
Gross Profit Margin	-	-	-	-