INNOWO AS

1170 OSLO

Finances

Share Ownership

Return on Equity

−74 %

Current Ratio

−24

Debt-to-Equity Ratio

−2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 333 000	30 000	0	0
Net Income	888 000	−1 202 000	−445 000	−471 000
Total Assets	1 248 000	609 000	200 000	608 000
Total Equity	−1 200 000	−2 089 000	−887 000	−441 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 333 000	30 000	0	0
Expenditure	1 450 000	1 540 000	446 000	471 000
Operating Profit	883 000	−1 510 000	−446 000	−472 000
Financial Income	83 000	0	1 000	0
Financial Costs	77 000	1 000	0	0
Financial Balance	6 000	−1 000	1 000	0
Earnings Before Tax	888 000	−1 511 000	−445 000	−471 000
Tax	0	−309 000	0	0
Net Income	888 000	−1 202 000	−445 000	−471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 248 000	609 000	200 000	608 000
Total Assets	1 248 000	609 000	200 000	608 000
Total Retained Equity	−1 230 000	−2 119 000	−917 000	−471 000
Total Equity	−1 200 000	−2 089 000	−887 000	−441 000
Total Long-Term Debt	2 500 000	2 500 000	1 000 000	1 000 000
Total Current Debt	−52 000	198 000	86 000	50 000
Total Equity and Debt	1 248 000	609 000	200 000	608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 319 000	30 000	0	0
Other Income	14 000	0	0	0
Revenue	2 333 000	30 000	0	0
Cost of Goods Sold	3 000	1 000	21 000	0
Salary Costs	1 032 000	1 336 000	255 000	314 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 450 000	1 540 000	446 000	471 000
Operating Profit	883 000	−1 510 000	−446 000	−472 000
Financial Income	83 000	0	1 000	0
Financial Costs	77 000	1 000	0	0
Financial Balance	6 000	−1 000	1 000	0
Dividends	0	0	0	0
Net Income	888 000	−1 202 000	−445 000	−471 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 224 000	301 000	197 000	608 000
Total Current Assets	1 248 000	609 000	200 000	608 000
Total Assets	1 248 000	609 000	200 000	608 000
Total Equity	−1 200 000	−2 089 000	−887 000	−441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 500 000	2 500 000	1 000 000	1 000 000
Creditors	7 000	4 000	1 000	0
Unpaid Taxes	117 000	95 000	31 000	15 000
Dividends	0	0	0	0
Other Current Debt	98 000	99 000	54 000	34 000
Total Current Debt	−52 000	198 000	86 000	50 000
Total Equity and Debt	1 248 000	609 000	200 000	608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74 %	57,54 %	50,17 %	106,8 %
Debt-to-Equity Ratio	−2,08	−1,2	−1,13	−2,27
Operating Profit Margin	37,85 %	−5 033,33 %	-	-
Current Ratio	−24	3,08	2,33	12,16
Quick Ratio	−24	3,08	2,33	12,16
Equity Ratio	−0,96	−3,43	−4,44	−0,73
Gross Profit Margin	99,87 %	96,67 %	-	-