INNOVATION DOCK AS

4014 STAVANGER

Finances

Return on Equity

−200,27 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 598 000	9 444 000	6 276 000	7 251 000
Net Income	−733 000	−286 000	−40 000	194 000
Total Assets	7 189 000	6 579 000	5 253 000	2 693 000
Total Equity	366 000	163 000	137 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 598 000	9 444 000	6 276 000	7 251 000
Expenditure	10 491 000	9 760 000	6 331 000	6 985 000
Operating Profit	−893 000	−315 000	−55 000	266 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	0	24 000	7 000	0
Financial Balance	1 000	−23 000	−5 000	2 000
Earnings Before Tax	−892 000	−339 000	−60 000	268 000
Tax	−160 000	−53 000	−19 000	74 000
Net Income	−733 000	−286 000	−40 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	673 000	466 000	30 000	0
Total Current Assets	6 516 000	6 113 000	5 223 000	2 693 000
Total Assets	7 189 000	6 579 000	5 253 000	2 693 000
Total Retained Equity	0	0	38 000	79 000
Total Equity	366 000	163 000	137 000	109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 822 000	6 416 000	5 116 000	2 584 000
Total Equity and Debt	7 189 000	6 579 000	5 253 000	2 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 560 000	1 836 000	1 125 000	2 191 000
Other Income	7 037 000	7 608 000	5 151 000	5 060 000
Revenue	9 598 000	9 444 000	6 276 000	7 251 000
Cost of Goods Sold	6 480 000	6 273 000	4 630 000	4 648 000
Salary Costs	1 363 000	935 000	1 137 000	1 072 000
Depreciation	69 000	56 000	0	0
Impairment	0	0	0	0
Expenditure	10 491 000	9 760 000	6 331 000	6 985 000
Operating Profit	−893 000	−315 000	−55 000	266 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	0	24 000	7 000	0
Financial Balance	1 000	−23 000	−5 000	2 000
Dividends	0	0	0	0
Net Income	−733 000	−286 000	−40 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	28 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	600 000	431 000	0	0
Total Tangible Assets	600 000	431 000	0	0
Total Fiancial Fixed Assets	7 000	7 000	30 000	0
Total Fixed Assets	673 000	466 000	30 000	0
Stock	1 668 000	749 000	0	0
Total Investments	0	0	0	0
Cash, Bank	748 000	331 000	291 000	517 000
Total Current Assets	6 516 000	6 113 000	5 223 000	2 693 000
Total Assets	7 189 000	6 579 000	5 253 000	2 693 000
Total Equity	366 000	163 000	137 000	109 000
Short-Term Group Debt	1 145 000	780 000	300 000	162 000
Total Long-Term Debt	0	0	0	0
Creditors	3 009 000	2 498 000	1 829 000	949 000
Unpaid Taxes	94 000	229 000	460 000	81 000
Dividends	0	0	0	0
Other Current Debt	2 574 000	2 897 000	2 527 000	1 351 000
Total Current Debt	6 822 000	6 416 000	5 116 000	2 584 000
Total Equity and Debt	7 189 000	6 579 000	5 253 000	2 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−200,27 %	−175,46 %	−29,2 %	177,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,3 %	−3,34 %	−0,88 %	3,67 %
Current Ratio	0,96	0,95	1,02	1,04
Quick Ratio	1,26	1,08	1,02	1,04
Equity Ratio	0,05	0,02	0,03	0,04
Gross Profit Margin	32,49 %	33,58 %	26,23 %	35,9 %