INNOVATE FUTURE AS

4362 VIGRESTAD

Finances

Return on Equity

36,96 %

Current Ratio

0,01

Debt-to-Equity Ratio

−5,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−34 000	−13 000	−16 000	−18 000
Total Assets	1 138 000	638 000	639 000	637 000
Total Equity	−92 000	−58 000	−45 000	−29 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	11 000	8 000	7 000	4 000
Operating Profit	−11 000	−8 000	−7 000	−4 000
Financial Income	3 000	0	0	0
Financial Costs	26 000	6 000	9 000	15 000
Financial Balance	−23 000	−6 000	−9 000	−15 000
Earnings Before Tax	−34 000	−13 000	−16 000	−18 000
Tax	0	0	0	0
Net Income	−34 000	−13 000	−16 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 134 000	637 000	637 000	637 000
Total Current Assets	4 000	1 000	2 000	1 000
Total Assets	1 138 000	638 000	639 000	637 000
Total Retained Equity	−122 000	−88 000	−75 000	−59 000
Total Equity	−92 000	−58 000	−45 000	−29 000
Total Long-Term Debt	500 000	158 000	212 000	283 000
Total Current Debt	730 000	537 000	472 000	383 000
Total Equity and Debt	1 138 000	638 000	639 000	637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	8 000	7 000	4 000
Operating Profit	−11 000	−8 000	−7 000	−4 000
Financial Income	3 000	0	0	0
Financial Costs	26 000	6 000	9 000	15 000
Financial Balance	−23 000	−6 000	−9 000	−15 000
Dividends	0	0	0	0
Net Income	−34 000	−13 000	−16 000	−18 000

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	1 134 000	637 000	637 000	637 000
Total Fixed Assets	1 134 000	637 000	637 000	637 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	1 000	2 000	1 000
Total Current Assets	4 000	1 000	2 000	1 000
Total Assets	1 138 000	638 000	639 000	637 000
Total Equity	−92 000	−58 000	−45 000	−29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	158 000	212 000	283 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	730 000	537 000	472 000	383 000
Total Current Debt	730 000	537 000	472 000	383 000
Total Equity and Debt	1 138 000	638 000	639 000	637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,96 %	22,41 %	35,56 %	62,07 %
Debt-to-Equity Ratio	−5,43	−2,72	−4,71	−9,76
Operating Profit Margin	-	-	-	-
Current Ratio	0,01	0	0	0
Quick Ratio	0,01	0	0	0
Equity Ratio	−0,08	−0,09	−0,07	−0,05
Gross Profit Margin	-	-	-	-