INNOTEAM AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

107,69 %

Current Ratio

0,38

Debt-to-Equity Ratio

−1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	159 000	46 000	274 000	94 000
Net Income	−56 000	−27 000	96 000	−46 000
Total Assets	32 000	46 000	68 000	59 000
Total Equity	−52 000	4 000	32 000	−94 000

Income (NOK)	2022	2021	2020	2019
Revenue	159 000	46 000	274 000	94 000
Expenditure	224 000	81 000	143 000	153 000
Operating Profit	−65 000	−35 000	132 000	−59 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−65 000	−35 000	131 000	−60 000
Tax	−9 000	−8 000	36 000	−13 000
Net Income	−56 000	−27 000	96 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	20 000	12 000	48 000
Total Current Assets	3 000	27 000	56 000	12 000
Total Assets	32 000	46 000	68 000	59 000
Total Retained Equity	−121 000	−65 000	−38 000	−163 000
Total Equity	−52 000	4 000	32 000	−94 000
Total Long-Term Debt	75 000	35 000	0	80 000
Total Current Debt	8 000	7 000	36 000	73 000
Total Equity and Debt	32 000	46 000	68 000	59 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	159 000	46 000	274 000	94 000
Other Income	0	0	0	0
Revenue	159 000	46 000	274 000	94 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	10 000	50 000	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	224 000	81 000	143 000	153 000
Operating Profit	−65 000	−35 000	132 000	−59 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−56 000	−27 000	96 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	20 000	12 000	48 000
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	29 000	20 000	12 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	24 000	46 000	12 000
Total Current Assets	3 000	27 000	56 000	12 000
Total Assets	32 000	46 000	68 000	59 000
Total Equity	−52 000	4 000	32 000	−94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	35 000	0	80 000
Creditors	0	0	0	3 000
Unpaid Taxes	−2 000	0	31 000	−2 000
Dividends	0	0	0	0
Other Current Debt	0	7 000	5 000	72 000
Total Current Debt	8 000	7 000	36 000	73 000
Total Equity and Debt	32 000	46 000	68 000	59 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,69 %	−675 %	300 %	48,94 %
Debt-to-Equity Ratio	−1,44	8,75	0	−0,85
Operating Profit Margin	−40,88 %	−76,09 %	48,18 %	−62,77 %
Current Ratio	0,38	3,86	1,56	0,16
Quick Ratio	0,38	3,86	1,56	0,16
Equity Ratio	−1,63	0,09	0,47	−1,59
Gross Profit Margin	100 %	100 %	100 %	100 %