INOVATUM AS

5302 STRUSSHAMN

Finances

Share Ownership

Return on Equity

−12,42 %

Current Ratio

3,66

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 297 000	1 458 000	1 183 000	868 000
Net Income	−20 000	384 000	514 000	273 000
Total Assets	234 000	1 083 000	1 057 000	836 000
Total Equity	161 000	847 000	596 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 297 000	1 458 000	1 183 000	868 000
Expenditure	1 325 000	1 034 000	645 000	538 000
Operating Profit	−28 000	424 000	538 000	331 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	23 000	58 000
Financial Balance	0	−1 000	−23 000	−58 000
Earnings Before Tax	−28 000	422 000	514 000	273 000
Tax	−8 000	39 000	0	0
Net Income	−20 000	384 000	514 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	234 000	1 083 000	1 057 000	836 000
Total Assets	234 000	1 083 000	1 057 000	836 000
Total Retained Equity	61 000	747 000	496 000	−19 000
Total Equity	161 000	847 000	596 000	81 000
Total Long-Term Debt	10 000	0	0	0
Total Current Debt	64 000	237 000	461 000	754 000
Total Equity and Debt	234 000	1 083 000	1 057 000	836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 297 000	1 458 000	1 183 000	868 000
Other Income	0	0	0	0
Revenue	1 297 000	1 458 000	1 183 000	868 000
Cost of Goods Sold	775 000	702 000	580 000	451 000
Salary Costs	285 000	173 000	1 000	1 000
Depreciation	0	0	0	20 000
Impairment	0	0	0	0
Expenditure	1 325 000	1 034 000	645 000	538 000
Operating Profit	−28 000	424 000	538 000	331 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	23 000	58 000
Financial Balance	0	−1 000	−23 000	−58 000
Dividends	740 000	0	0	0
Net Income	−20 000	384 000	514 000	273 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	225 000	55 000	14 000
Total Current Assets	234 000	1 083 000	1 057 000	836 000
Total Assets	234 000	1 083 000	1 057 000	836 000
Total Equity	161 000	847 000	596 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	0	0	0
Creditors	20 000	2 000	22 000	18 000
Unpaid Taxes	17 000	49 000	103 000	0
Dividends	740 000	0	0	0
Other Current Debt	27 000	15 000	187 000	0
Total Current Debt	64 000	237 000	461 000	754 000
Total Equity and Debt	234 000	1 083 000	1 057 000	836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,42 %	45,34 %	86,24 %	337,04 %
Debt-to-Equity Ratio	0,06	0	0	0
Operating Profit Margin	−2,16 %	29,08 %	45,48 %	38,13 %
Current Ratio	3,66	4,57	2,29	1,11
Quick Ratio	3,66	4,57	2,29	1,11
Equity Ratio	0,69	0,78	0,56	0,1
Gross Profit Margin	40,25 %	51,85 %	50,97 %	48,04 %