NORINNOVA AS

9019 TROMSØ

Finances

Return on Equity

−1,23 %

Current Ratio

5,35

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 319 000	30 661 000	28 877 000	29 338 000
Net Income	−912 000	10 800 000	2 304 000	768 000
Total Assets	100 151 000	111 075 000	89 917 000	91 170 000
Total Equity	74 242 000	75 736 000	65 015 000	62 711 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 319 000	30 661 000	28 877 000	29 338 000
Expenditure	33 888 000	29 337 000	28 066 000	28 725 000
Operating Profit	−570 000	1 324 000	811 000	612 000
Financial Income	1 553 000	10 947 000	2 067 000	2 283 000
Financial Costs	1 699 000	329 000	296 000	1 768 000
Financial Balance	−146 000	10 618 000	1 771 000	515 000
Earnings Before Tax	−716 000	11 942 000	2 582 000	1 128 000
Tax	196 000	1 142 000	278 000	360 000
Net Income	−912 000	10 800 000	2 304 000	768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 061 000	42 950 000	36 064 000	33 437 000
Total Current Assets	58 090 000	68 124 000	53 854 000	57 733 000
Total Assets	100 151 000	111 075 000	89 917 000	91 170 000
Total Retained Equity	25 087 000	26 581 000	15 860 000	13 556 000
Total Equity	74 242 000	75 736 000	65 015 000	62 711 000
Total Long-Term Debt	15 058 000	21 074 000	14 253 000	15 631 000
Total Current Debt	10 850 000	14 265 000	10 649 000	12 828 000
Total Equity and Debt	100 151 000	111 075 000	89 917 000	91 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 506 000	15 430 000	13 342 000	12 945 000
Other Income	17 812 000	15 231 000	15 535 000	16 393 000
Revenue	33 319 000	30 661 000	28 877 000	29 338 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 428 000	18 280 000	17 480 000	15 653 000
Depreciation	401 000	391 000	409 000	285 000
Impairment	0	0	0	0
Expenditure	33 888 000	29 337 000	28 066 000	28 725 000
Operating Profit	−570 000	1 324 000	811 000	612 000
Financial Income	1 553 000	10 947 000	2 067 000	2 283 000
Financial Costs	1 699 000	329 000	296 000	1 768 000
Financial Balance	−146 000	10 618 000	1 771 000	515 000
Dividends	0	0	0	0
Net Income	−912 000	10 800 000	2 304 000	768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	482 000	514 000	1 444 000	1 424 000
Real Eastate	517 000	517 000	517 000	517 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	500 000	881 000	1 254 000	1 619 000
Total Tangible Assets	1 295 000	1 398 000	1 771 000	2 137 000
Total Fiancial Fixed Assets	40 284 000	41 038 000	32 848 000	29 877 000
Total Fixed Assets	42 061 000	42 950 000	36 064 000	33 437 000
Stock	0	0	0	0
Total Investments	13 813 000	13 511 000	13 647 000	12 722 000
Cash, Bank	28 109 000	38 539 000	24 631 000	31 228 000
Total Current Assets	58 090 000	68 124 000	53 854 000	57 733 000
Total Assets	100 151 000	111 075 000	89 917 000	91 170 000
Total Equity	74 242 000	75 736 000	65 015 000	62 711 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 058 000	21 074 000	14 253 000	15 631 000
Creditors	2 730 000	2 998 000	5 410 000	6 287 000
Unpaid Taxes	2 305 000	1 419 000	2 055 000	1 189 000
Dividends	0	0	0	0
Other Current Debt	5 815 000	9 745 000	3 047 000	4 966 000
Total Current Debt	10 850 000	14 265 000	10 649 000	12 828 000
Total Equity and Debt	100 151 000	111 075 000	89 917 000	91 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,23 %	14,26 %	3,54 %	1,22 %
Debt-to-Equity Ratio	0,2	0,28	0,22	0,25
Operating Profit Margin	−1,71 %	4,32 %	2,81 %	2,09 %
Current Ratio	5,35	4,78	5,06	4,5
Quick Ratio	5,35	4,78	5,06	4,5
Equity Ratio	0,74	0,68	0,72	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %