INNOVATION JBA AS

7040 TRONDHEIM

Finances

Share Ownership

Return on Equity

15,12 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 049 000	3 285 000	2 545 000	3 174 000
Net Income	147 000	258 000	−223 000	5 000
Total Assets	3 442 000	3 035 000	3 093 000	1 664 000
Total Equity	972 000	824 000	494 000	718 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 049 000	3 285 000	2 545 000	3 174 000
Expenditure	1 811 000	3 003 000	2 789 000	3 166 000
Operating Profit	237 000	284 000	−244 000	8 000
Financial Income	0	0	0	0
Financial Costs	48 000	42 000	38 000	0
Financial Balance	−48 000	−42 000	−38 000	0
Earnings Before Tax	189 000	242 000	−282 000	8 000
Tax	42 000	−16 000	−59 000	3 000
Net Income	147 000	258 000	−223 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	429 000	530 000	632 000	0
Total Current Assets	3 012 000	2 505 000	2 461 000	1 664 000
Total Assets	3 442 000	3 035 000	3 093 000	1 664 000
Total Retained Equity	870 000	723 000	464 000	688 000
Total Equity	972 000	824 000	494 000	718 000
Total Long-Term Debt	210 000	479 000	600 000	0
Total Current Debt	2 260 000	1 731 000	1 998 000	946 000
Total Equity and Debt	3 442 000	3 035 000	3 093 000	1 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 049 000	3 285 000	2 545 000	3 174 000
Other Income	0	0	0	0
Revenue	2 049 000	3 285 000	2 545 000	3 174 000
Cost of Goods Sold	207 000	419 000	497 000	806 000
Salary Costs	1 078 000	1 860 000	1 831 000	1 959 000
Depreciation	101 000	102 000	38 000	0
Impairment	0	0	0	0
Expenditure	1 811 000	3 003 000	2 789 000	3 166 000
Operating Profit	237 000	284 000	−244 000	8 000
Financial Income	0	0	0	0
Financial Costs	48 000	42 000	38 000	0
Financial Balance	−48 000	−42 000	−38 000	0
Dividends	0	0	0	0
Net Income	147 000	258 000	−223 000	5 000

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	429 000	530 000	632 000	0
Total Tangible Assets	429 000	530 000	632 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	429 000	530 000	632 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	189 000	125 000	989 000	215 000
Total Current Assets	3 012 000	2 505 000	2 461 000	1 664 000
Total Assets	3 442 000	3 035 000	3 093 000	1 664 000
Total Equity	972 000	824 000	494 000	718 000
Short-Term Group Debt	445 000	32 000	28 000	0
Total Long-Term Debt	210 000	479 000	600 000	0
Creditors	285 000	423 000	215 000	196 000
Unpaid Taxes	455 000	369 000	669 000	366 000
Dividends	0	0	0	0
Other Current Debt	1 064 000	908 000	1 087 000	380 000
Total Current Debt	2 260 000	1 731 000	1 998 000	946 000
Total Equity and Debt	3 442 000	3 035 000	3 093 000	1 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,12 %	31,31 %	−45,14 %	0,7 %
Debt-to-Equity Ratio	0,22	0,58	1,21	0
Operating Profit Margin	11,57 %	8,65 %	−9,59 %	0,25 %
Current Ratio	1,33	1,45	1,23	1,76
Quick Ratio	1,33	1,45	1,23	1,76
Equity Ratio	0,28	0,27	0,16	0,43
Gross Profit Margin	89,9 %	87,25 %	80,47 %	74,61 %