INNOTECH AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

−80 %

Current Ratio

0,79

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	67 000	2 000	54 000
Net Income	4 000	43 000	−49 000	−118 000
Total Assets	109 000	120 000	64 000	117 000
Total Equity	−5 000	−9 000	−52 000	−3 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	67 000	2 000	54 000
Expenditure	34 000	24 000	57 000	172 000
Operating Profit	4 000	43 000	−55 000	−118 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	4 000	43 000	−55 000	−118 000
Tax	0	0	−6 000	0
Net Income	4 000	43 000	−49 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	31 000	42 000	54 000
Total Current Assets	90 000	90 000	22 000	63 000
Total Assets	109 000	120 000	64 000	117 000
Total Retained Equity	−105 000	−109 000	−152 000	−103 000
Total Equity	−5 000	−9 000	−52 000	−3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	114 000	129 000	116 000	120 000
Total Equity and Debt	109 000	120 000	64 000	117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 000	67 000	2 000	54 000
Other Income	0	0	0	0
Revenue	38 000	67 000	2 000	54 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	6 000	97 000
Depreciation	12 000	12 000	12 000	4 000
Impairment	0	0	0	0
Expenditure	34 000	24 000	57 000	172 000
Operating Profit	4 000	43 000	−55 000	−118 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	4 000	43 000	−49 000	−118 000

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	19 000	31 000	42 000	54 000
Fixtures	0	0	0	0
Total Tangible Assets	19 000	31 000	42 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	31 000	42 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	90 000	16 000	63 000
Total Current Assets	90 000	90 000	22 000	63 000
Total Assets	109 000	120 000	64 000	117 000
Total Equity	−5 000	−9 000	−52 000	−3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	69 000	69 000	66 000
Unpaid Taxes	0	14 000	0	5 000
Dividends	0	0	0	0
Other Current Debt	46 000	46 000	46 000	49 000
Total Current Debt	114 000	129 000	116 000	120 000
Total Equity and Debt	109 000	120 000	64 000	117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−80 %	−477,78 %	94,23 %	3 933,33 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	10,53 %	64,18 %	−2 750 %	−218,52 %
Current Ratio	0,79	0,7	0,19	0,53
Quick Ratio	0,79	0,7	0,19	0,53
Equity Ratio	−0,05	−0,08	−0,81	−0,03
Gross Profit Margin	100 %	100 %	100 %	100 %