INFINITY INNOVATIONS AS

2007 KJELLER

Finances

Return on Equity

−2,96 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 046 000	3 777 000	2 611 000	2 689 000
Net Income	−16 000	22 000	46 000	106 000
Total Assets	995 000	1 183 000	829 000	695 000
Total Equity	541 000	556 000	534 000	488 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 046 000	3 777 000	2 611 000	2 689 000
Expenditure	3 997 000	3 737 000	2 550 000	2 551 000
Operating Profit	48 000	40 000	61 000	137 000
Financial Income	1 000	0	6 000	3 000
Financial Costs	66 000	12 000	7 000	6 000
Financial Balance	−65 000	−12 000	−1 000	−3 000
Earnings Before Tax	−16 000	28 000	61 000	135 000
Tax	0	6 000	14 000	29 000
Net Income	−16 000	22 000	46 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	65 000	37 000	57 000
Total Current Assets	932 000	1 118 000	792 000	638 000
Total Assets	995 000	1 183 000	829 000	695 000
Total Retained Equity	381 000	397 000	375 000	329 000
Total Equity	541 000	556 000	534 000	488 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	454 000	627 000	295 000	207 000
Total Equity and Debt	995 000	1 183 000	829 000	695 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 046 000	3 777 000	2 611 000	2 689 000
Other Income	0	0	0	0
Revenue	4 046 000	3 777 000	2 611 000	2 689 000
Cost of Goods Sold	2 917 000	2 654 000	1 744 000	1 841 000
Salary Costs	696 000	750 000	486 000	458 000
Depreciation	51 000	48 000	41 000	57 000
Impairment	0	0	0	0
Expenditure	3 997 000	3 737 000	2 550 000	2 551 000
Operating Profit	48 000	40 000	61 000	137 000
Financial Income	1 000	0	6 000	3 000
Financial Costs	66 000	12 000	7 000	6 000
Financial Balance	−65 000	−12 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	−16 000	22 000	46 000	106 000

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	62 000	65 000	37 000	57 000
Total Tangible Assets	62 000	65 000	37 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 000	65 000	37 000	57 000
Stock	55 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	508 000	604 000	603 000	377 000
Total Current Assets	932 000	1 118 000	792 000	638 000
Total Assets	995 000	1 183 000	829 000	695 000
Total Equity	541 000	556 000	534 000	488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	302 000	408 000	169 000	95 000
Unpaid Taxes	138 000	212 000	111 000	84 000
Dividends	0	0	0	0
Other Current Debt	14 000	0	0	0
Total Current Debt	454 000	627 000	295 000	207 000
Total Equity and Debt	995 000	1 183 000	829 000	695 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,96 %	3,96 %	8,61 %	21,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,19 %	1,06 %	2,34 %	5,09 %
Current Ratio	2,05	1,78	2,68	3,08
Quick Ratio	2,34	1,78	2,68	3,08
Equity Ratio	0,54	0,47	0,64	0,7
Gross Profit Margin	27,9 %	29,73 %	33,21 %	31,54 %