INNOVASJØ MARINE SYSTEMS NORWAY AS

5068 BERGEN

Finances

Return on Equity

8,87 %

Current Ratio

0,72

Debt-to-Equity Ratio

−1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 320 000	−18 474 000	−154 000	−1 036 000
Total Assets	5 256 000	4 992 000	21 887 000	21 622 000
Total Equity	−14 877 000	−13 557 000	4 917 000	5 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	0	28 000	47 000
Operating Profit	0	0	−28 000	−47 000
Financial Income	265 000	265 000	265 000	261 000
Financial Costs	1 585 000	18 739 000	391 000	1 250 000
Financial Balance	−1 320 000	−18 474 000	−126 000	−989 000
Earnings Before Tax	−1 320 000	−18 474 000	−154 000	−1 036 000
Tax	0	0	0	0
Net Income	−1 320 000	−18 474 000	−154 000	−1 036 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 204 000	4 939 000	21 834 000	21 570 000
Total Current Assets	52 000	52 000	52 000	52 000
Total Assets	5 256 000	4 992 000	21 887 000	21 622 000
Total Retained Equity	−19 949 000	−18 629 000	−154 000	0
Total Equity	−14 877 000	−13 557 000	4 917 000	5 071 000
Total Long-Term Debt	20 062 000	18 477 000	16 898 000	16 507 000
Total Current Debt	72 000	72 000	72 000	44 000
Total Equity and Debt	5 256 000	4 992 000	21 887 000	21 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	0	0	28 000	47 000
Operating Profit	0	0	−28 000	−47 000
Financial Income	265 000	265 000	265 000	261 000
Financial Costs	1 585 000	18 739 000	391 000	1 250 000
Financial Balance	−1 320 000	−18 474 000	−126 000	−989 000
Dividends	0	0	0	0
Net Income	−1 320 000	−18 474 000	−154 000	−1 036 000

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	5 204 000	4 939 000	21 834 000	21 570 000
Total Fixed Assets	5 204 000	4 939 000	21 834 000	21 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	2 000	2 000	2 000
Total Current Assets	52 000	52 000	52 000	52 000
Total Assets	5 256 000	4 992 000	21 887 000	21 622 000
Total Equity	−14 877 000	−13 557 000	4 917 000	5 071 000
Short-Term Group Debt	72 000	72 000	72 000	44 000
Total Long-Term Debt	20 062 000	18 477 000	16 898 000	16 507 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	72 000	72 000	72 000	44 000
Total Equity and Debt	5 256 000	4 992 000	21 887 000	21 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,87 %	136,27 %	−3,13 %	−20,43 %
Debt-to-Equity Ratio	−1,35	−1,36	3,44	3,26
Operating Profit Margin	-	-	-	-
Current Ratio	0,72	0,72	0,72	1,18
Quick Ratio	0,72	0,72	0,72	1,18
Equity Ratio	−2,83	−2,72	0,22	0,23
Gross Profit Margin	-	-	-	-