INNOVATIV EIENDOM AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

68,98 %

Current Ratio

4,77

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 717 000	0	8 770 000	6 400 000
Net Income	1 201 000	−533 000	578 000	354 000
Total Assets	4 101 000	7 816 000	3 926 000	6 104 000
Total Equity	1 741 000	539 000	1 072 000	494 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 717 000	0	8 770 000	6 400 000
Expenditure	15 991 000	354 000	7 767 000	5 854 000
Operating Profit	1 726 000	−354 000	1 002 000	546 000
Financial Income	0	0	−13 000	−6 000
Financial Costs	266 000	179 000	187 000	135 000
Financial Balance	−266 000	−179 000	−200 000	−141 000
Earnings Before Tax	1 461 000	−533 000	802 000	405 000
Tax	259 000	0	225 000	51 000
Net Income	1 201 000	−533 000	578 000	354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 101 000	7 816 000	3 926 000	6 104 000
Total Assets	4 101 000	7 816 000	3 926 000	6 104 000
Total Retained Equity	1 441 000	239 000	772 000	194 000
Total Equity	1 741 000	539 000	1 072 000	494 000
Total Long-Term Debt	1 500 000	5 692 000	2 400 000	4 973 000
Total Current Debt	860 000	1 585 000	454 000	637 000
Total Equity and Debt	4 101 000	7 816 000	3 926 000	6 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 717 000	0	8 770 000	6 400 000
Other Income	0	0	0	0
Revenue	17 717 000	0	8 770 000	6 400 000
Cost of Goods Sold	15 205 000	0	7 339 000	5 654 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 991 000	354 000	7 767 000	5 854 000
Operating Profit	1 726 000	−354 000	1 002 000	546 000
Financial Income	0	0	−13 000	−6 000
Financial Costs	266 000	179 000	187 000	135 000
Financial Balance	−266 000	−179 000	−200 000	−141 000
Dividends	0	0	0	0
Net Income	1 201 000	−533 000	578 000	354 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 666 000	7 363 000	3 071 000	6 030 000
Total Investments	0	0	0	0
Cash, Bank	1 435 000	452 000	855 000	74 000
Total Current Assets	4 101 000	7 816 000	3 926 000	6 104 000
Total Assets	4 101 000	7 816 000	3 926 000	6 104 000
Total Equity	1 741 000	539 000	1 072 000	494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	5 692 000	2 400 000	4 973 000
Creditors	54 000	549 000	18 000	189 000
Unpaid Taxes	207 000	0	1 000	14 000
Dividends	0	0	0	0
Other Current Debt	328 000	1 036 000	210 000	383 000
Total Current Debt	860 000	1 585 000	454 000	637 000
Total Equity and Debt	4 101 000	7 816 000	3 926 000	6 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,98 %	−98,89 %	53,92 %	71,66 %
Debt-to-Equity Ratio	0,86	10,56	2,24	10,07
Operating Profit Margin	9,74 %	-	11,43 %	8,53 %
Current Ratio	4,77	4,93	8,65	9,58
Quick Ratio	−2,27	−1,35	−1,5	−1,13
Equity Ratio	0,42	0,07	0,27	0,08
Gross Profit Margin	14,18 %	-	16,32 %	11,66 %