RUBBER INNOVATION AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

32,65 %

Current Ratio

0,19

Debt-to-Equity Ratio

−1,04

Key figures (NOK)	2022	2021	2020
Revenue	0	50 000	0
Net Income	−1 236 000	−1 832 000	−748 000
Total Assets	5 505 000	2 327 000	93 000
Total Equity	−3 786 000	−775 000	−718 000

Income (NOK)	2022	2021	2020
Revenue	0	50 000	0
Expenditure	1 094 000	1 820 000	810 000
Operating Profit	−1 094 000	−1 770 000	−810 000
Financial Income	1 000	0	62 000
Financial Costs	142 000	62 000	0
Financial Balance	−141 000	−62 000	62 000
Earnings Before Tax	−1 236 000	−1 832 000	−748 000
Tax	0	0	0
Net Income	−1 236 000	−1 832 000	−748 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 477 000	1 775 000	0
Total Current Assets	1 028 000	551 000	93 000
Total Assets	5 505 000	2 327 000	93 000
Total Retained Equity	−3 816 000	−2 581 000	−748 000
Total Equity	−3 786 000	−775 000	−718 000
Total Long-Term Debt	3 927 000	0	0
Total Current Debt	5 365 000	3 102 000	812 000
Total Equity and Debt	5 505 000	2 327 000	93 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	50 000	0
Other Income	0	0	0
Revenue	0	50 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 094 000	1 820 000	810 000
Operating Profit	−1 094 000	−1 770 000	−810 000
Financial Income	1 000	0	62 000
Financial Costs	142 000	62 000	0
Financial Balance	−141 000	−62 000	62 000
Dividends	0	0	0
Net Income	−1 236 000	−1 832 000	−748 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	4 477 000	1 775 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 477 000	1 775 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	138 000	5 000	17 000
Total Current Assets	1 028 000	551 000	93 000
Total Assets	5 505 000	2 327 000	93 000
Total Equity	−3 786 000	−775 000	−718 000
Short-Term Group Debt	3 435 000	660 000	140 000
Total Long-Term Debt	3 927 000	0	0
Creditors	1 924 000	2 432 000	671 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	5 000	10 000	1 000
Total Current Debt	5 365 000	3 102 000	812 000
Total Equity and Debt	5 505 000	2 327 000	93 000

Financial indicators	2022	2021	2020
Return on Equity	32,65 %	236,39 %	104,18 %
Debt-to-Equity Ratio	−1,04	−0	−0
Operating Profit Margin	-	−3 540 %	-
Current Ratio	0,19	0,18	0,11
Quick Ratio	0,19	0,18	0,11
Equity Ratio	−0,69	−0,33	−7,72
Gross Profit Margin	-	100 %	-