INNOVAID AS

1383 ASKER

Finances

Share Ownership

Return on Equity

45,17 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0,65

Key figures (NOK)	2023	2022	2021	2020
Revenue	1 724 000	1 499 000	1 129 000	1 838 000
Net Income	−318 000	177 000	−147 000	−690 000
Total Assets	634 000	2 253 000	2 166 000	2 560 000
Total Equity	−704 000	−385 000	−824 000	−677 000

Income (NOK)	2023	2022	2021	2020
Revenue	1 724 000	1 499 000	1 129 000	1 838 000
Expenditure	1 692 000	1 434 000	1 431 000	2 068 000
Operating Profit	31 000	65 000	−302 000	−230 000
Financial Income	0	136 000	155 000	0
Financial Costs	350 000	24 000	0	460 000
Financial Balance	−350 000	112 000	155 000	−460 000
Earnings Before Tax	−318 000	177 000	−147 000	−690 000
Tax	0	0	0	0
Net Income	−318 000	177 000	−147 000	−690 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	8 000	8 000	0	0
Total Current Assets	627 000	2 246 000	2 166 000	2 560 000
Total Assets	634 000	2 253 000	2 166 000	2 560 000
Total Retained Equity	−734 000	−415 000	−854 000	−707 000
Total Equity	−704 000	−385 000	−824 000	−677 000
Total Long-Term Debt	456 000	378 000	386 000	465 000
Total Current Debt	881 000	2 261 000	2 604 000	2 771 000
Total Equity and Debt	634 000	2 253 000	2 166 000	2 560 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	1 671 000	1 499 000	1 129 000	1 838 000
Other Income	53 000	0	0	0
Revenue	1 724 000	1 499 000	1 129 000	1 838 000
Cost of Goods Sold	1 392 000	1 093 000	1 115 000	1 213 000
Salary Costs	6 000	8 000	115 000	513 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 692 000	1 434 000	1 431 000	2 068 000
Operating Profit	31 000	65 000	−302 000	−230 000
Financial Income	0	136 000	155 000	0
Financial Costs	350 000	24 000	0	460 000
Financial Balance	−350 000	112 000	155 000	−460 000
Dividends	0	0	0	0
Net Income	−318 000	177 000	−147 000	−690 000

Balance details (NOK)	2023	2022	2021	2020
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	8 000	8 000	0	0
Total Fixed Assets	8 000	8 000	0	0
Stock	537 000	1 742 000	1 826 000	2 114 000
Total Investments	0	0	0	0
Cash, Bank	89 000	235 000	27 000	181 000
Total Current Assets	627 000	2 246 000	2 166 000	2 560 000
Total Assets	634 000	2 253 000	2 166 000	2 560 000
Total Equity	−704 000	−385 000	−824 000	−677 000
Short-Term Group Debt	877 000	2 155 000	0	0
Total Long-Term Debt	456 000	378 000	386 000	465 000
Creditors	0	0	2 478 000	2 572 000
Unpaid Taxes	4 000	105 000	104 000	138 000
Dividends	0	0	0	0
Other Current Debt	0	0	21 000	62 000
Total Current Debt	881 000	2 261 000	2 604 000	2 771 000
Total Equity and Debt	634 000	2 253 000	2 166 000	2 560 000

Financial indicators	2023	2022	2021	2020
Return on Equity	45,17 %	−45,97 %	17,84 %	101,92 %
Debt-to-Equity Ratio	−0,65	−0,98	−0,47	−0,69
Operating Profit Margin	1,8 %	4,34 %	−26,75 %	−12,51 %
Current Ratio	0,71	0,99	0,83	0,92
Quick Ratio	1,82	4,33	2,78	3,9
Equity Ratio	−1,11	−0,17	−0,38	−0,26
Gross Profit Margin	19,26 %	27,08 %	1,24 %	34 %