INNOVANS AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

−368,37 %

Current Ratio

0,23

Debt-to-Equity Ratio

−6,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 522 000	1 158 000	853 000	531 000
Net Income	361 000	115 000	−499 000	−33 000
Total Assets	860 000	1 124 000	302 000	927 000
Total Equity	−98 000	−458 000	−574 000	−75 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 522 000	1 158 000	853 000	531 000
Expenditure	1 111 000	1 044 000	1 311 000	524 000
Operating Profit	411 000	114 000	−459 000	7 000
Financial Income	0	12 000	0	0
Financial Costs	51 000	11 000	40 000	40 000
Financial Balance	−51 000	1 000	−40 000	−40 000
Earnings Before Tax	361 000	115 000	−499 000	−33 000
Tax	0	0	0	0
Net Income	361 000	115 000	−499 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	792 000	905 000	105 000	822 000
Total Current Assets	68 000	219 000	198 000	105 000
Total Assets	860 000	1 124 000	302 000	927 000
Total Retained Equity	−122 000	−483 000	−598 000	−99 000
Total Equity	−98 000	−458 000	−574 000	−75 000
Total Long-Term Debt	656 000	735 000	0	857 000
Total Current Debt	302 000	847 000	876 000	145 000
Total Equity and Debt	860 000	1 124 000	302 000	927 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 522 000	1 158 000	853 000	531 000
Other Income	0	0	0	0
Revenue	1 522 000	1 158 000	853 000	531 000
Cost of Goods Sold	100 000	0	0	0
Salary Costs	403 000	163 000	201 000	136 000
Depreciation	118 000	39 000	28 000	124 000
Impairment	0	0	0	0
Expenditure	1 111 000	1 044 000	1 311 000	524 000
Operating Profit	411 000	114 000	−459 000	7 000
Financial Income	0	12 000	0	0
Financial Costs	51 000	11 000	40 000	40 000
Financial Balance	−51 000	1 000	−40 000	−40 000
Dividends	0	0	0	0
Net Income	361 000	115 000	−499 000	−33 000

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	787 000	905 000	0	806 000
Total Tangible Assets	787 000	905 000	0	806 000
Total Fiancial Fixed Assets	4 000	0	105 000	16 000
Total Fixed Assets	792 000	905 000	105 000	822 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	12 000	59 000	9 000
Total Current Assets	68 000	219 000	198 000	105 000
Total Assets	860 000	1 124 000	302 000	927 000
Total Equity	−98 000	−458 000	−574 000	−75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	656 000	735 000	0	857 000
Creditors	50 000	44 000	0	0
Unpaid Taxes	27 000	128 000	202 000	15 000
Dividends	0	0	0	0
Other Current Debt	225 000	675 000	673 000	130 000
Total Current Debt	302 000	847 000	876 000	145 000
Total Equity and Debt	860 000	1 124 000	302 000	927 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−368,37 %	−25,11 %	86,93 %	44 %
Debt-to-Equity Ratio	−6,69	−1,6	−0	−11,43
Operating Profit Margin	27 %	9,84 %	−53,81 %	1,32 %
Current Ratio	0,23	0,26	0,23	0,72
Quick Ratio	0,23	0,26	0,23	0,72
Equity Ratio	−0,11	−0,41	−1,9	−0,08
Gross Profit Margin	93,43 %	100 %	100 %	100 %