INNOV MANAGEMENT AS

4050 SOLA

Finances

Return on Equity

−88,07 %

Current Ratio

4,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	80 000	996 000	158 000
Net Income	−347 000	−223 000	815 000	125 000
Total Assets	443 000	874 000	1 265 000	222 000
Total Equity	394 000	741 000	964 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	80 000	996 000	158 000
Expenditure	33 000	19 000	69 000	0
Operating Profit	−33 000	60 000	927 000	158 000
Financial Income	24 000	392 000	143 000	0
Financial Costs	343 000	593 000	36 000	0
Financial Balance	−319 000	−201 000	107 000	0
Earnings Before Tax	−352 000	−141 000	1 034 000	158 000
Tax	−5 000	82 000	219 000	34 000
Net Income	−347 000	−223 000	815 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	157 000	45 000	0
Total Current Assets	233 000	717 000	1 220 000	222 000
Total Assets	443 000	874 000	1 265 000	222 000
Total Retained Equity	370 000	717 000	940 000	125 000
Total Equity	394 000	741 000	964 000	149 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 000	132 000	300 000	73 000
Total Equity and Debt	443 000	874 000	1 265 000	222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	80 000	996 000	158 000
Other Income	0	0	0	0
Revenue	0	80 000	996 000	158 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	7 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	33 000	19 000	69 000	0
Operating Profit	−33 000	60 000	927 000	158 000
Financial Income	24 000	392 000	143 000	0
Financial Costs	343 000	593 000	36 000	0
Financial Balance	−319 000	−201 000	107 000	0
Dividends	0	0	0	0
Net Income	−347 000	−223 000	815 000	125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	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	205 000	157 000	45 000	0
Total Fixed Assets	210 000	157 000	45 000	0
Stock	0	0	0	0
Total Investments	229 000	633 000	868 000	0
Cash, Bank	3 000	84 000	272 000	92 000
Total Current Assets	233 000	717 000	1 220 000	222 000
Total Assets	443 000	874 000	1 265 000	222 000
Total Equity	394 000	741 000	964 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	2 000	2 000	0
Unpaid Taxes	0	0	32 000	40 000
Dividends	0	0	0	0
Other Current Debt	49 000	49 000	48 000	0
Total Current Debt	49 000	132 000	300 000	73 000
Total Equity and Debt	443 000	874 000	1 265 000	222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−88,07 %	−30,09 %	84,54 %	83,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	75 %	93,07 %	100 %
Current Ratio	4,76	5,43	4,07	3,04
Quick Ratio	4,76	5,43	4,07	3,04
Equity Ratio	0,89	0,85	0,76	0,67
Gross Profit Margin	-	100 %	100 %	100 %