INNOVATION & DESIGN TECHNOLOGY AS

7732 STEINKJER

Finances

Share Ownership

Return on Equity

−975 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 583 000	964 000	3 117 000	1 467 000
Net Income	−39 000	35 000	63 000	−113 000
Total Assets	1 385 000	1 241 000	1 646 000	810 000
Total Equity	4 000	43 000	8 000	−56 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 583 000	964 000	3 117 000	1 467 000
Expenditure	1 601 000	885 000	2 960 000	1 545 000
Operating Profit	−18 000	80 000	102 000	−123 000
Financial Income	0	0	0	0
Financial Costs	32 000	35 000	21 000	22 000
Financial Balance	−32 000	−35 000	−21 000	−22 000
Earnings Before Tax	−50 000	45 000	82 000	−145 000
Tax	−11 000	10 000	18 000	−32 000
Net Income	−39 000	35 000	63 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	611 000	712 000	804 000	157 000
Total Current Assets	775 000	529 000	842 000	654 000
Total Assets	1 385 000	1 241 000	1 646 000	810 000
Total Retained Equity	−26 000	13 000	−22 000	−86 000
Total Equity	4 000	43 000	8 000	−56 000
Total Long-Term Debt	300 000	400 000	475 000	323 000
Total Current Debt	1 082 000	799 000	1 163 000	543 000
Total Equity and Debt	1 385 000	1 241 000	1 646 000	810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 583 000	964 000	3 078 000	1 450 000
Other Income	0	0	38 000	16 000
Revenue	1 583 000	964 000	3 117 000	1 467 000
Cost of Goods Sold	647 000	380 000	1 840 000	793 000
Salary Costs	516 000	126 000	797 000	507 000
Depreciation	113 000	117 000	69 000	42 000
Impairment	0	0	0	0
Expenditure	1 601 000	885 000	2 960 000	1 545 000
Operating Profit	−18 000	80 000	102 000	−123 000
Financial Income	0	0	0	0
Financial Costs	32 000	35 000	21 000	22 000
Financial Balance	−32 000	−35 000	−21 000	−22 000
Dividends	0	0	0	0
Net Income	−39 000	35 000	63 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	3 000	13 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	641 000	679 000	10 000
Fixtures	597 000	68 000	107 000	115 000
Total Tangible Assets	597 000	709 000	786 000	125 000
Total Fiancial Fixed Assets	0	0	5 000	0
Total Fixed Assets	611 000	712 000	804 000	157 000
Stock	234 000	190 000	150 000	620 000
Total Investments	0	0	0	0
Cash, Bank	0	47 000	68 000	34 000
Total Current Assets	775 000	529 000	842 000	654 000
Total Assets	1 385 000	1 241 000	1 646 000	810 000
Total Equity	4 000	43 000	8 000	−56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	400 000	475 000	323 000
Creditors	371 000	234 000	279 000	47 000
Unpaid Taxes	88 000	68 000	153 000	34 000
Dividends	0	0	0	0
Other Current Debt	498 000	497 000	732 000	462 000
Total Current Debt	1 082 000	799 000	1 163 000	543 000
Total Equity and Debt	1 385 000	1 241 000	1 646 000	810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−975 %	81,4 %	787,5 %	201,79 %
Debt-to-Equity Ratio	75	9,3	59,38	−5,77
Operating Profit Margin	−1,14 %	8,3 %	3,27 %	−8,38 %
Current Ratio	0,72	0,66	0,72	1,2
Quick Ratio	0,91	0,87	0,83	−8,49
Equity Ratio	0	0,03	0	−0,07
Gross Profit Margin	59,13 %	60,58 %	40,97 %	45,94 %