INNOVASJONSTEKNIKK AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

48,42 %

Current Ratio

3,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	464 000	169 000	151 000
Net Income	215 000	109 000	89 000
Total Assets	604 000	274 000	183 000
Total Equity	444 000	228 000	119 000

Income (NOK)	2022	2021	2020
Revenue	464 000	169 000	151 000
Expenditure	188 000	29 000	36 000
Operating Profit	276 000	140 000	115 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	276 000	140 000	115 000
Tax	61 000	31 000	25 000
Net Income	215 000	109 000	89 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 000	11 000	0
Total Current Assets	599 000	263 000	183 000
Total Assets	604 000	274 000	183 000
Total Retained Equity	414 000	198 000	89 000
Total Equity	444 000	228 000	119 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	160 000	45 000	64 000
Total Equity and Debt	604 000	274 000	183 000

Cash flow (NOK)	2022	2021	2020
Sales Income	464 000	169 000	151 000
Other Income	0	0	0
Revenue	464 000	169 000	151 000
Cost of Goods Sold	4 000	0	11 000
Salary Costs	129 000	0	8 000
Depreciation	6 000	6 000	0
Impairment	0	0	0
Expenditure	188 000	29 000	36 000
Operating Profit	276 000	140 000	115 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	215 000	109 000	89 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	6 000	11 000	0
Total Tangible Assets	6 000	11 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 000	11 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	599 000	263 000	52 000
Total Current Assets	599 000	263 000	183 000
Total Assets	604 000	274 000	183 000
Total Equity	444 000	228 000	119 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	19 000	0	0
Unpaid Taxes	66 000	15 000	29 000
Dividends	0	0	0
Other Current Debt	14 000	0	9 000
Total Current Debt	160 000	45 000	64 000
Total Equity and Debt	604 000	274 000	183 000

Financial indicators	2022	2021	2020
Return on Equity	48,42 %	47,81 %	74,79 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	59,48 %	82,84 %	76,16 %
Current Ratio	3,74	5,84	2,86
Quick Ratio	3,74	5,84	2,86
Equity Ratio	0,74	0,83	0,65
Gross Profit Margin	99,14 %	100 %	92,72 %