INNOVEL AS

7042 TRONDHEIM

Finances

Return on Equity

898,25 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 316 000	5 848 000	5 674 000	5 796 000
Net Income	3 593 000	6 416 000	4 027 000	2 205 000
Total Assets	2 464 000	6 443 000	3 962 000	2 256 000
Total Equity	400 000	350 000	273 000	196 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 316 000	5 848 000	5 674 000	5 796 000
Expenditure	6 807 000	5 930 000	5 309 000	5 541 000
Operating Profit	−492 000	−83 000	364 000	255 000
Financial Income	4 085 000	6 504 000	3 751 000	2 008 000
Financial Costs	0	1 000	7 000	0
Financial Balance	4 085 000	6 503 000	3 744 000	2 008 000
Earnings Before Tax	3 593 000	6 420 000	4 108 000	2 264 000
Tax	0	4 000	81 000	59 000
Net Income	3 593 000	6 416 000	4 027 000	2 205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	246 000	175 000	130 000	123 000
Total Current Assets	2 218 000	6 268 000	3 832 000	2 133 000
Total Assets	2 464 000	6 443 000	3 962 000	2 256 000
Total Retained Equity	295 000	245 000	168 000	91 000
Total Equity	400 000	350 000	273 000	196 000
Total Long-Term Debt	1 000	1 000	0	1 000
Total Current Debt	2 063 000	6 092 000	3 690 000	2 059 000
Total Equity and Debt	2 464 000	6 443 000	3 962 000	2 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 316 000	5 848 000	5 674 000	5 796 000
Other Income	0	0	0	0
Revenue	6 316 000	5 848 000	5 674 000	5 796 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 025 000	5 082 000	4 675 000	4 381 000
Depreciation	65 000	38 000	25 000	7 000
Impairment	0	0	0	0
Expenditure	6 807 000	5 930 000	5 309 000	5 541 000
Operating Profit	−492 000	−83 000	364 000	255 000
Financial Income	4 085 000	6 504 000	3 751 000	2 008 000
Financial Costs	0	1 000	7 000	0
Financial Balance	4 085 000	6 503 000	3 744 000	2 008 000
Dividends	934 000	4 838 000	2 500 000	1 020 000
Net Income	3 593 000	6 416 000	4 027 000	2 205 000

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	186 000	115 000	39 000	33 000
Total Tangible Assets	186 000	115 000	39 000	33 000
Total Fiancial Fixed Assets	60 000	60 000	90 000	90 000
Total Fixed Assets	246 000	175 000	130 000	123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	288 000	646 000	829 000	624 000
Total Current Assets	2 218 000	6 268 000	3 832 000	2 133 000
Total Assets	2 464 000	6 443 000	3 962 000	2 256 000
Total Equity	400 000	350 000	273 000	196 000
Short-Term Group Debt	−213 000	7 000	0	148 000
Total Long-Term Debt	1 000	1 000	0	1 000
Creditors	21 000	173 000	54 000	29 000
Unpaid Taxes	403 000	292 000	306 000	170 000
Dividends	934 000	4 838 000	2 500 000	1 020 000
Other Current Debt	918 000	780 000	747 000	692 000
Total Current Debt	2 063 000	6 092 000	3 690 000	2 059 000
Total Equity and Debt	2 464 000	6 443 000	3 962 000	2 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	898,25 %	1 833,14 %	1 475,09 %	1 125 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−7,79 %	−1,42 %	6,42 %	4,4 %
Current Ratio	1,08	1,03	1,04	1,04
Quick Ratio	1,08	1,03	1,04	1,04
Equity Ratio	0,16	0,05	0,07	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %