INVIVO BIONICS AS

0349 OSLO

Finances

Return on Equity

−33,26 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 063 000	4 171 000	0	200 000
Net Income	−1 778 000	−1 137 000	−177 000	32 000
Total Assets	20 440 000	8 854 000	964 000	749 000
Total Equity	5 346 000	7 138 000	113 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 063 000	4 171 000	0	200 000
Expenditure	8 817 000	5 298 000	174 000	165 000
Operating Profit	−1 754 000	−1 128 000	−174 000	35 000
Financial Income	29 000	3 000	3 000	0
Financial Costs	53 000	12 000	7 000	0
Financial Balance	−24 000	−9 000	−4 000	0
Earnings Before Tax	−1 778 000	−1 137 000	−179 000	35 000
Tax	0	0	−2 000	4 000
Net Income	−1 778 000	−1 137 000	−177 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 861 000	2 319 000	319 000	324 000
Total Current Assets	15 579 000	6 536 000	645 000	425 000
Total Assets	20 440 000	8 854 000	964 000	749 000
Total Retained Equity	−2 846 000	−1 054 000	−162 000	15 000
Total Equity	5 346 000	7 138 000	113 000	40 000
Total Long-Term Debt	0	0	395 000	397 000
Total Current Debt	15 094 000	1 716 000	456 000	312 000
Total Equity and Debt	20 440 000	8 854 000	964 000	749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 063 000	4 171 000	0	0
Other Income	0	0	0	200 000
Revenue	7 063 000	4 171 000	0	200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 916 000	1 731 000	102 000	67 000
Depreciation	118 000	41 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	8 817 000	5 298 000	174 000	165 000
Operating Profit	−1 754 000	−1 128 000	−174 000	35 000
Financial Income	29 000	3 000	3 000	0
Financial Costs	53 000	12 000	7 000	0
Financial Balance	−24 000	−9 000	−4 000	0
Dividends	0	0	0	0
Net Income	−1 778 000	−1 137 000	−177 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 569 000	2 001 000	284 000	284 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	262 000	288 000	5 000	10 000
Total Tangible Assets	262 000	288 000	5 000	10 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	4 861 000	2 319 000	319 000	324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 577 000	6 112 000	434 000	192 000
Total Current Assets	15 579 000	6 536 000	645 000	425 000
Total Assets	20 440 000	8 854 000	964 000	749 000
Total Equity	5 346 000	7 138 000	113 000	40 000
Short-Term Group Debt	0	0	30 000	0
Total Long-Term Debt	0	0	395 000	397 000
Creditors	3 558 000	1 322 000	125 000	226 000
Unpaid Taxes	423 000	37 000	46 000	0
Dividends	0	0	0	0
Other Current Debt	11 113 000	357 000	256 000	85 000
Total Current Debt	15 094 000	1 716 000	456 000	312 000
Total Equity and Debt	20 440 000	8 854 000	964 000	749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,26 %	−15,93 %	−156,64 %	80 %
Debt-to-Equity Ratio	0	0	3,5	9,93
Operating Profit Margin	−24,83 %	−27,04 %	-	17,5 %
Current Ratio	1,03	3,81	1,41	1,36
Quick Ratio	1,03	3,81	1,41	1,36
Equity Ratio	0,26	0,81	0,12	0,05
Gross Profit Margin	100 %	100 %	-	100 %