INOVO AS

7045 TRONDHEIM

Finances

Return on Equity

162,25 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 685 000	8 627 000	10 489 000	7 976 000
Net Income	1 947 000	1 608 000	1 529 000	1 499 000
Total Assets	4 918 000	4 178 000	6 130 000	6 081 000
Total Equity	1 200 000	1 646 000	1 238 000	1 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 685 000	8 627 000	10 489 000	7 976 000
Expenditure	7 188 000	6 565 000	8 531 000	6 057 000
Operating Profit	2 498 000	2 061 000	1 958 000	1 919 000
Financial Income	0	0	3 000	4 000
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	2 000	4 000
Earnings Before Tax	2 497 000	2 061 000	1 960 000	1 924 000
Tax	549 000	454 000	431 000	425 000
Net Income	1 947 000	1 608 000	1 529 000	1 499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	150 000	150 000	150 000
Total Current Assets	4 818 000	4 028 000	5 980 000	5 931 000
Total Assets	4 918 000	4 178 000	6 130 000	6 081 000
Total Retained Equity	1 170 000	1 616 000	1 216 000	1 187 000
Total Equity	1 200 000	1 646 000	1 238 000	1 209 000
Total Long-Term Debt	0	0	0	7 000
Total Current Debt	3 718 000	2 532 000	4 892 000	4 866 000
Total Equity and Debt	4 918 000	4 178 000	6 130 000	6 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 685 000	8 627 000	10 489 000	7 976 000
Other Income	0	0	0	0
Revenue	9 685 000	8 627 000	10 489 000	7 976 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 712 000	6 191 000	7 868 000	5 546 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 188 000	6 565 000	8 531 000	6 057 000
Operating Profit	2 498 000	2 061 000	1 958 000	1 919 000
Financial Income	0	0	3 000	4 000
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	2 000	4 000
Dividends	1 024 000	0	1 500 000	1 200 000
Net Income	1 947 000	1 608 000	1 529 000	1 499 000

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	100 000	150 000	150 000	150 000
Total Fixed Assets	100 000	150 000	150 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 047 000	1 426 000	3 671 000	4 269 000
Total Current Assets	4 818 000	4 028 000	5 980 000	5 931 000
Total Assets	4 918 000	4 178 000	6 130 000	6 081 000
Total Equity	1 200 000	1 646 000	1 238 000	1 209 000
Short-Term Group Debt	0	0	0	932 000
Total Long-Term Debt	0	0	0	7 000
Creditors	22 000	36 000	33 000	28 000
Unpaid Taxes	887 000	583 000	920 000	587 000
Dividends	1 024 000	0	1 500 000	1 200 000
Other Current Debt	1 236 000	1 459 000	2 001 000	1 693 000
Total Current Debt	3 718 000	2 532 000	4 892 000	4 866 000
Total Equity and Debt	4 918 000	4 178 000	6 130 000	6 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	162,25 %	97,69 %	123,51 %	123,99 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	25,79 %	23,89 %	18,67 %	24,06 %
Current Ratio	1,3	1,59	1,22	1,22
Quick Ratio	1,3	1,59	1,22	1,22
Equity Ratio	0,24	0,39	0,2	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %