INNOVENTIKA AS

0584 OSLO

Finances

Share Ownership

Return on Equity

−32,38 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	330 000	48 000	1 088 000
Net Income	−34 000	144 000	−208 000	237 000
Total Assets	202 000	266 000	143 000	509 000
Total Equity	105 000	139 000	52 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	330 000	48 000	1 088 000
Expenditure	51 000	146 000	314 000	762 000
Operating Profit	−37 000	184 000	−266 000	326 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	24 000
Financial Balance	0	0	−1 000	−24 000
Earnings Before Tax	−37 000	184 000	−266 000	302 000
Tax	−2 000	41 000	−58 000	65 000
Net Income	−34 000	144 000	−208 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	32 000	44 000	56 000
Total Current Assets	183 000	234 000	100 000	453 000
Total Assets	202 000	266 000	143 000	509 000
Total Retained Equity	75 000	116 000	29 000	236 000
Total Equity	105 000	139 000	52 000	260 000
Total Long-Term Debt	0	2 000	3 000	3 000
Total Current Debt	98 000	125 000	88 000	246 000
Total Equity and Debt	202 000	266 000	143 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	249 000	25 000	1 088 000
Other Income	14 000	81 000	23 000	0
Revenue	14 000	330 000	48 000	1 088 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−4 000	65 000	199 000	608 000
Depreciation	12 000	12 000	12 000	4 000
Impairment	0	0	0	0
Expenditure	51 000	146 000	314 000	762 000
Operating Profit	−37 000	184 000	−266 000	326 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	24 000
Financial Balance	0	0	−1 000	−24 000
Dividends	0	0	0	0
Net Income	−34 000	144 000	−208 000	237 000

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	20 000	32 000	44 000	56 000
Total Tangible Assets	20 000	32 000	44 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	32 000	44 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	0	2 000	303 000
Total Current Assets	183 000	234 000	100 000	453 000
Total Assets	202 000	266 000	143 000	509 000
Total Equity	105 000	139 000	52 000	260 000
Short-Term Group Debt	46 000	73 000	52 000	0
Total Long-Term Debt	0	2 000	3 000	3 000
Creditors	6 000	9 000	9 000	3 000
Unpaid Taxes	0	1 000	2 000	130 000
Dividends	0	0	0	0
Other Current Debt	46 000	16 000	25 000	52 000
Total Current Debt	98 000	125 000	88 000	246 000
Total Equity and Debt	202 000	266 000	143 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,38 %	103,6 %	−400 %	91,15 %
Debt-to-Equity Ratio	0	0,01	0,06	0,01
Operating Profit Margin	−264,29 %	55,76 %	−554,17 %	29,96 %
Current Ratio	1,87	1,87	1,14	1,84
Quick Ratio	1,87	1,87	1,14	1,84
Equity Ratio	0,52	0,52	0,36	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %