TRONDHEIM INNOVATION AS

7011 TRONDHEIM

Finances

Return on Equity

−7,73 %

Current Ratio

6,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	494 000	0	50 000
Net Income	−110 000	321 000	−36 000	−24 000
Total Assets	1 554 000	2 119 000	1 035 000	782 000
Total Equity	1 423 000	1 527 000	466 000	502 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	494 000	0	50 000
Expenditure	213 000	−16 000	47 000	74 000
Operating Profit	−208 000	510 000	−47 000	−24 000
Financial Income	54 000	89 000	11 000	0
Financial Costs	1 000	13 000	0	0
Financial Balance	53 000	76 000	11 000	0
Earnings Before Tax	−155 000	585 000	−36 000	−24 000
Tax	−45 000	264 000	0	0
Net Income	−110 000	321 000	−36 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	765 000	354 000	160 000	160 000
Total Current Assets	789 000	1 765 000	875 000	622 000
Total Assets	1 554 000	2 119 000	1 035 000	782 000
Total Retained Equity	1 353 000	1 148 000	87 000	123 000
Total Equity	1 423 000	1 527 000	466 000	502 000
Total Long-Term Debt	5 000	363 000	528 000	232 000
Total Current Debt	126 000	229 000	42 000	48 000
Total Equity and Debt	1 554 000	2 119 000	1 035 000	782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	494 000	0	50 000
Other Income	4 000	0	0	0
Revenue	4 000	494 000	0	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	99 000	0	0	0
Depreciation	32 000	0	0	0
Impairment	0	0	0	0
Expenditure	213 000	−16 000	47 000	74 000
Operating Profit	−208 000	510 000	−47 000	−24 000
Financial Income	54 000	89 000	11 000	0
Financial Costs	1 000	13 000	0	0
Financial Balance	53 000	76 000	11 000	0
Dividends	0	0	0	0
Net Income	−110 000	321 000	−36 000	−24 000

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	483 000	190 000	0	0
Total Tangible Assets	483 000	190 000	0	0
Total Fiancial Fixed Assets	283 000	164 000	160 000	160 000
Total Fixed Assets	765 000	354 000	160 000	160 000
Stock	0	0	0	0
Total Investments	434 000	200 000	361 000	0
Cash, Bank	350 000	24 000	30 000	94 000
Total Current Assets	789 000	1 765 000	875 000	622 000
Total Assets	1 554 000	2 119 000	1 035 000	782 000
Total Equity	1 423 000	1 527 000	466 000	502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	363 000	528 000	232 000
Creditors	0	0	42 000	48 000
Unpaid Taxes	4 000	127 000	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	0	0	0
Total Current Debt	126 000	229 000	42 000	48 000
Total Equity and Debt	1 554 000	2 119 000	1 035 000	782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,73 %	21,02 %	−7,73 %	−4,78 %
Debt-to-Equity Ratio	0	0,24	1,13	0,46
Operating Profit Margin	−5 200 %	103,24 %	-	−48 %
Current Ratio	6,26	7,71	20,83	12,96
Quick Ratio	6,26	7,71	20,83	12,96
Equity Ratio	0,92	0,72	0,45	0,64
Gross Profit Margin	100 %	100 %	-	100 %