INNOVATOR AS

3928 PORSGRUNN

Finances

Return on Equity

0,59 %

Current Ratio

13,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	173 000	243 000	204 000	456 000
Net Income	18 000	58 000	2 712 000	248 000
Total Assets	3 296 000	3 326 000	3 225 000	508 000
Total Equity	3 060 000	3 042 000	2 984 000	272 000

Income (NOK)	2022	2021	2020	2019
Revenue	173 000	243 000	204 000	456 000
Expenditure	123 000	155 000	230 000	138 000
Operating Profit	50 000	88 000	−25 000	318 000
Financial Income	0	0	2 748 000	0
Financial Costs	23 000	13 000	17 000	0
Financial Balance	−23 000	−13 000	2 731 000	0
Earnings Before Tax	26 000	75 000	2 706 000	318 000
Tax	8 000	16 000	−6 000	70 000
Net Income	18 000	58 000	2 712 000	248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 000	116 000	71 000	56 000
Total Current Assets	3 185 000	3 210 000	3 154 000	451 000
Total Assets	3 296 000	3 326 000	3 225 000	508 000
Total Retained Equity	3 030 000	3 012 000	2 954 000	242 000
Total Equity	3 060 000	3 042 000	2 984 000	272 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	236 000	284 000	241 000	236 000
Total Equity and Debt	3 296 000	3 326 000	3 225 000	508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	173 000	243 000	204 000	456 000
Other Income	0	0	0	0
Revenue	173 000	243 000	204 000	456 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	123 000	155 000	230 000	138 000
Operating Profit	50 000	88 000	−25 000	318 000
Financial Income	0	0	2 748 000	0
Financial Costs	23 000	13 000	17 000	0
Financial Balance	−23 000	−13 000	2 731 000	0
Dividends	0	0	0	0
Net Income	18 000	58 000	2 712 000	248 000

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	111 000	116 000	71 000	56 000
Total Fixed Assets	111 000	116 000	71 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	336 000
Cash, Bank	12 000	32 000	19 000	65 000
Total Current Assets	3 185 000	3 210 000	3 154 000	451 000
Total Assets	3 296 000	3 326 000	3 225 000	508 000
Total Equity	3 060 000	3 042 000	2 984 000	272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	24 000	3 000	−35 000
Unpaid Taxes	3 000	0	3 000	3 000
Dividends	0	0	0	0
Other Current Debt	152 000	172 000	163 000	198 000
Total Current Debt	236 000	284 000	241 000	236 000
Total Equity and Debt	3 296 000	3 326 000	3 225 000	508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,59 %	1,91 %	90,88 %	91,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,9 %	36,21 %	−12,25 %	69,74 %
Current Ratio	13,5	11,3	13,09	1,91
Quick Ratio	13,5	11,3	13,09	1,91
Equity Ratio	0,93	0,91	0,93	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %