GLOBAL INNOVATION AS

1400 SKI

Finances

Return on Equity

76,81 %

Current Ratio

Debt-to-Equity Ratio

−1,2

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	219 000	60 000	109 000
Net Income	−22 686 000	−197 000	−1 133 000	−771 000
Total Assets	21 737 000	64 320 000	69 460 000	21 884 000
Total Equity	−29 535 000	−6 849 000	−6 652 000	−5 545 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	219 000	60 000	109 000
Expenditure	281 000	414 000	900 000	1 585 000
Operating Profit	−281 000	−197 000	−841 000	−1 477 000
Financial Income	90 000	0	0	999 000
Financial Costs	22 495 000	0	293 000	293 000
Financial Balance	−22 405 000	0	−293 000	706 000
Earnings Before Tax	−22 686 000	−197 000	−1 133 000	−771 000
Tax	0	0	0	0
Net Income	−22 686 000	−197 000	−1 133 000	−771 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	21 712 000	64 276 000	68 871 000	21 178 000
Total Current Assets	25 000	44 000	590 000	706 000
Total Assets	21 737 000	64 320 000	69 460 000	21 884 000
Total Retained Equity	−29 635 000	−6 933 000	−6 737 000	−5 629 000
Total Equity	−29 535 000	−6 849 000	−6 652 000	−5 545 000
Total Long-Term Debt	35 375 000	46 854 000	28 816 000	19 388 000
Total Current Debt	15 897 000	24 316 000	47 297 000	8 041 000
Total Equity and Debt	21 737 000	64 320 000	69 460 000	21 884 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	219 000	60 000	109 000
Other Income	0	0	0	0
Revenue	0	219 000	60 000	109 000
Cost of Goods Sold	0	0	0	71 000
Salary Costs	0	−82 000	0	724 000
Depreciation	25 000	25 000	2 000	0
Impairment	0	0	0	0
Expenditure	281 000	414 000	900 000	1 585 000
Operating Profit	−281 000	−197 000	−841 000	−1 477 000
Financial Income	90 000	0	0	999 000
Financial Costs	22 495 000	0	293 000	293 000
Financial Balance	−22 405 000	0	−293 000	706 000
Dividends	0	0	0	0
Net Income	−22 686 000	−197 000	−1 133 000	−771 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	4 917 000	9 486 000	10 727 000
Machinery and Plant Facilities	74 000	99 000	0	0
Fixtures	0	0	125 000	0
Total Tangible Assets	74 000	5 016 000	9 611 000	10 727 000
Total Fiancial Fixed Assets	21 638 000	59 260 000	59 260 000	10 451 000
Total Fixed Assets	21 712 000	64 276 000	68 871 000	21 178 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	−1 000	406 000	345 000
Total Current Assets	25 000	44 000	590 000	706 000
Total Assets	21 737 000	64 320 000	69 460 000	21 884 000
Total Equity	−29 535 000	−6 849 000	−6 652 000	−5 545 000
Short-Term Group Debt	0	0	0	72 000
Total Long-Term Debt	35 375 000	46 854 000	28 816 000	19 388 000
Creditors	107 000	92 000	418 000	8 041 000
Unpaid Taxes	0	0	10 000	−74 000
Dividends	0	0	0	0
Other Current Debt	15 790 000	24 223 000	46 868 000	−23 000
Total Current Debt	15 897 000	24 316 000	47 297 000	8 041 000
Total Equity and Debt	21 737 000	64 320 000	69 460 000	21 884 000

Financial indicators	2021	2020	2019	2018
Return on Equity	76,81 %	2,88 %	17,03 %	13,9 %
Debt-to-Equity Ratio	−1,2	−6,84	−4,33	−3,5
Operating Profit Margin	-	−89,95 %	−1 401,67 %	−1 355,05 %
Current Ratio	0	0	0,01	0,09
Quick Ratio	0	0	0,01	0,09
Equity Ratio	−1,36	−0,11	−0,1	−0,25
Gross Profit Margin	-	100 %	100 %	34,86 %