INITIATOR HOLDING AS

2317 HAMAR

Finances

Share Ownership

Return on Equity

200 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 000	100 000	11 000	119 000
Net Income	−50 000	10 000	−29 000	19 000
Total Assets	1 272 000	1 336 000	211 000	316 000
Total Equity	−25 000	26 000	15 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 000	100 000	11 000	119 000
Expenditure	155 000	86 000	47 000	96 000
Operating Profit	−56 000	14 000	−37 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	−56 000	12 000	−37 000	23 000
Tax	−6 000	2 000	−8 000	4 000
Net Income	−50 000	10 000	−29 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 229 000	1 306 000	196 000	269 000
Total Current Assets	43 000	31 000	15 000	47 000
Total Assets	1 272 000	1 336 000	211 000	316 000
Total Retained Equity	−49 000	1 000	−9 000	19 000
Total Equity	−25 000	26 000	15 000	44 000
Total Long-Term Debt	0	6 000	4 000	4 000
Total Current Debt	1 297 000	1 305 000	192 000	268 000
Total Equity and Debt	1 272 000	1 336 000	211 000	316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	99 000	0	0	0
Other Income	0	100 000	11 000	119 000
Revenue	99 000	100 000	11 000	119 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	73 000	54 000	26 000	72 000
Impairment	0	0	0	0
Expenditure	155 000	86 000	47 000	96 000
Operating Profit	−56 000	14 000	−37 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	−50 000	10 000	−29 000	19 000

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	236 000	293 000	166 000	239 000
Total Tangible Assets	236 000	293 000	166 000	239 000
Total Fiancial Fixed Assets	993 000	1 013 000	30 000	30 000
Total Fixed Assets	1 229 000	1 306 000	196 000	269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	7 000	6 000	4 000
Total Current Assets	43 000	31 000	15 000	47 000
Total Assets	1 272 000	1 336 000	211 000	316 000
Total Equity	−25 000	26 000	15 000	44 000
Short-Term Group Debt	39 000	7 000	6 000	8 000
Total Long-Term Debt	0	6 000	4 000	4 000
Creditors	13 000	0	0	56 000
Unpaid Taxes	0	−24 000	21 000	9 000
Dividends	0	0	0	0
Other Current Debt	1 245 000	1 322 000	165 000	196 000
Total Current Debt	1 297 000	1 305 000	192 000	268 000
Total Equity and Debt	1 272 000	1 336 000	211 000	316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	200 %	38,46 %	−193,33 %	43,18 %
Debt-to-Equity Ratio	−0	0,23	0,27	0,09
Operating Profit Margin	−56,57 %	14 %	−336,36 %	19,33 %
Current Ratio	0,03	0,02	0,08	0,18
Quick Ratio	0,03	0,02	0,08	0,18
Equity Ratio	−0,02	0,02	0,07	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %