INNOVATION PERFORMANCE AS

9515 ALTA

Finances

Return on Equity

−57,14 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	380 000	493 000	1 880 000	2 202 000
Net Income	−104 000	−378 000	248 000	−198 000
Total Assets	303 000	72 000	796 000	966 000
Total Equity	182 000	−13 000	365 000	117 000

Income (NOK)	2022	2021	2020	2019
Revenue	380 000	493 000	1 880 000	2 202 000
Expenditure	461 000	831 000	1 609 000	2 369 000
Operating Profit	−81 000	−337 000	272 000	−167 000
Financial Income	0	5 000	0	0
Financial Costs	23 000	45 000	24 000	31 000
Financial Balance	−23 000	−40 000	−24 000	−31 000
Earnings Before Tax	−104 000	−378 000	248 000	−198 000
Tax	0	0	0	0
Net Income	−104 000	−378 000	248 000	−198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	25 000	26 000
Total Current Assets	303 000	72 000	771 000	940 000
Total Assets	303 000	72 000	796 000	966 000
Total Retained Equity	−303 000	−199 000	179 000	−69 000
Total Equity	182 000	−13 000	365 000	117 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	121 000	84 000	431 000	849 000
Total Equity and Debt	303 000	72 000	796 000	966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	380 000	493 000	1 871 000	2 202 000
Other Income	0	0	9 000	0
Revenue	380 000	493 000	1 880 000	2 202 000
Cost of Goods Sold	37 000	0	0	0
Salary Costs	155 000	427 000	1 172 000	1 592 000
Depreciation	0	0	1 000	7 000
Impairment	0	0	0	0
Expenditure	461 000	831 000	1 609 000	2 369 000
Operating Profit	−81 000	−337 000	272 000	−167 000
Financial Income	0	5 000	0	0
Financial Costs	23 000	45 000	24 000	31 000
Financial Balance	−23 000	−40 000	−24 000	−31 000
Dividends	0	0	0	0
Net Income	−104 000	−378 000	248 000	−198 000

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	1 000
Total Tangible Assets	0	0	0	1 000
Total Fiancial Fixed Assets	0	0	25 000	25 000
Total Fixed Assets	0	0	25 000	26 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	67 000	41 000	64 000
Total Current Assets	303 000	72 000	771 000	940 000
Total Assets	303 000	72 000	796 000	966 000
Total Equity	182 000	−13 000	365 000	117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	101 000	31 000	33 000	185 000
Unpaid Taxes	9 000	6 000	63 000	64 000
Dividends	0	0	0	0
Other Current Debt	10 000	47 000	128 000	362 000
Total Current Debt	121 000	84 000	431 000	849 000
Total Equity and Debt	303 000	72 000	796 000	966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,14 %	2 907,69 %	67,95 %	−169,23 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	−21,32 %	−68,36 %	14,47 %	−7,58 %
Current Ratio	2,5	0,86	1,79	1,11
Quick Ratio	2,5	0,86	1,79	1,11
Equity Ratio	0,6	−0,18	0,46	0,12
Gross Profit Margin	90,26 %	100 %	100 %	100 %