INNOVA AS

4314 SANDNES

Finances

Return on Equity

−18,67 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 705 000	107 482 000	99 056 000	137 405 000
Net Income	−3 455 000	1 266 000	−254 000	4 014 000
Total Assets	74 971 000	51 233 000	53 027 000	61 161 000
Total Equity	18 506 000	15 776 000	14 510 000	14 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 705 000	107 482 000	99 056 000	137 405 000
Expenditure	115 576 000	105 079 000	98 622 000	131 292 000
Operating Profit	−2 871 000	2 404 000	434 000	6 113 000
Financial Income	82 000	−73 000	172 000	120 000
Financial Costs	1 604 000	761 000	939 000	1 052 000
Financial Balance	−1 522 000	−834 000	−767 000	−932 000
Earnings Before Tax	−4 393 000	1 570 000	−333 000	5 181 000
Tax	−938 000	304 000	−79 000	1 167 000
Net Income	−3 455 000	1 266 000	−254 000	4 014 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 624 000	11 011 000	6 845 000	6 806 000
Total Current Assets	53 347 000	40 222 000	46 182 000	54 354 000
Total Assets	74 971 000	51 233 000	53 027 000	61 161 000
Total Retained Equity	7 111 000	10 566 000	9 301 000	9 554 000
Total Equity	18 506 000	15 776 000	14 510 000	14 764 000
Total Long-Term Debt	12 465 000	5 000 000	3 227 000	3 227 000
Total Current Debt	44 000 000	30 458 000	35 290 000	43 170 000
Total Equity and Debt	74 971 000	51 233 000	53 027 000	61 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 695 000	107 482 000	99 056 000	137 405 000
Other Income	10 000	0	0	0
Revenue	112 705 000	107 482 000	99 056 000	137 405 000
Cost of Goods Sold	55 352 000	50 308 000	42 226 000	66 417 000
Salary Costs	40 021 000	40 324 000	41 877 000	42 424 000
Depreciation	2 862 000	1 509 000	1 212 000	626 000
Impairment	762 000	0	0	0
Expenditure	115 576 000	105 079 000	98 622 000	131 292 000
Operating Profit	−2 871 000	2 404 000	434 000	6 113 000
Financial Income	82 000	−73 000	172 000	120 000
Financial Costs	1 604 000	761 000	939 000	1 052 000
Financial Balance	−1 522 000	−834 000	−767 000	−932 000
Dividends	0	0	0	0
Net Income	−3 455 000	1 266 000	−254 000	4 014 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 123 000	8 054 000	6 342 000	6 346 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 502 000	2 957 000	503 000	461 000
Total Tangible Assets	10 502 000	2 957 000	503 000	461 000
Total Fiancial Fixed Assets	1 000 000	0	0	0
Total Fixed Assets	21 624 000	11 011 000	6 845 000	6 806 000
Stock	26 880 000	17 681 000	17 257 000	20 731 000
Total Investments	0	0	0	0
Cash, Bank	1 713 000	1 671 000	2 229 000	1 800 000
Total Current Assets	53 347 000	40 222 000	46 182 000	54 354 000
Total Assets	74 971 000	51 233 000	53 027 000	61 161 000
Total Equity	18 506 000	15 776 000	14 510 000	14 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 465 000	5 000 000	3 227 000	3 227 000
Creditors	13 592 000	6 805 000	6 912 000	12 325 000
Unpaid Taxes	4 723 000	3 834 000	4 826 000	4 769 000
Dividends	0	0	0	0
Other Current Debt	6 990 000	6 506 000	6 412 000	6 026 000
Total Current Debt	44 000 000	30 458 000	35 290 000	43 170 000
Total Equity and Debt	74 971 000	51 233 000	53 027 000	61 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,67 %	8,02 %	−1,75 %	27,19 %
Debt-to-Equity Ratio	0,67	0,32	0,22	0,22
Operating Profit Margin	−2,55 %	2,24 %	0,44 %	4,45 %
Current Ratio	1,21	1,32	1,31	1,26
Quick Ratio	3,12	3,15	2,56	2,42
Equity Ratio	0,25	0,31	0,27	0,24
Gross Profit Margin	50,89 %	53,19 %	57,37 %	51,66 %