INNOVATIVE DEVELOPMENT & MARKETING AS

7020 TRONDHEIM

Finances

Return on Equity

−2,13 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 915 000	2 389 000	3 276 000	5 130 000
Net Income	−417 000	1 559 000	1 243 000	12 795 000
Total Assets	28 933 000	29 176 000	28 188 000	28 479 000
Total Equity	19 553 000	21 969 000	21 910 000	22 667 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 915 000	2 389 000	3 276 000	5 130 000
Expenditure	3 743 000	1 808 000	2 869 000	3 506 000
Operating Profit	173 000	581 000	407 000	1 626 000
Financial Income	85 000	1 202 000	1 189 000	13 651 000
Financial Costs	518 000	48 000	232 000	2 031 000
Financial Balance	−433 000	1 154 000	957 000	11 620 000
Earnings Before Tax	−259 000	1 734 000	1 364 000	13 246 000
Tax	157 000	175 000	122 000	451 000
Net Income	−417 000	1 559 000	1 243 000	12 795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 574 000	14 195 000	13 620 000	13 293 000
Total Current Assets	12 360 000	14 981 000	14 568 000	15 185 000
Total Assets	28 933 000	29 176 000	28 188 000	28 479 000
Total Retained Equity	18 728 000	21 144 000	21 085 000	21 842 000
Total Equity	19 553 000	21 969 000	21 910 000	22 667 000
Total Long-Term Debt	0	347 000	433 000	518 000
Total Current Debt	9 381 000	6 860 000	5 845 000	5 294 000
Total Equity and Debt	28 933 000	29 176 000	28 188 000	28 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 915 000	2 389 000	3 276 000	5 130 000
Other Income	0	0	0	0
Revenue	3 915 000	2 389 000	3 276 000	5 130 000
Cost of Goods Sold	441 000	66 000	457 000	367 000
Salary Costs	2 279 000	1 847 000	1 914 000	1 860 000
Depreciation	248 000	184 000	176 000	213 000
Impairment	0	0	0	0
Expenditure	3 743 000	1 808 000	2 869 000	3 506 000
Operating Profit	173 000	581 000	407 000	1 626 000
Financial Income	85 000	1 202 000	1 189 000	13 651 000
Financial Costs	518 000	48 000	232 000	2 031 000
Financial Balance	−433 000	1 154 000	957 000	11 620 000
Dividends	2 000 000	0	0	0
Net Income	−417 000	1 559 000	1 243 000	12 795 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	154 000	177 000	158 000	143 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	9 000
Fixtures	1 209 000	205 000	334 000	501 000
Total Tangible Assets	1 209 000	205 000	334 000	510 000
Total Fiancial Fixed Assets	15 210 000	13 813 000	13 128 000	12 641 000
Total Fixed Assets	16 574 000	14 195 000	13 620 000	13 293 000
Stock	0	0	0	0
Total Investments	0	11 782 000	10 734 000	10 000 000
Cash, Bank	12 074 000	2 423 000	2 844 000	4 209 000
Total Current Assets	12 360 000	14 981 000	14 568 000	15 185 000
Total Assets	28 933 000	29 176 000	28 188 000	28 479 000
Total Equity	19 553 000	21 969 000	21 910 000	22 667 000
Short-Term Group Debt	6 841 000	6 227 000	5 348 000	4 724 000
Total Long-Term Debt	0	347 000	433 000	518 000
Creditors	28 000	10 000	75 000	9 000
Unpaid Taxes	323 000	282 000	217 000	384 000
Dividends	2 000 000	0	0	0
Other Current Debt	188 000	341 000	206 000	177 000
Total Current Debt	9 381 000	6 860 000	5 845 000	5 294 000
Total Equity and Debt	28 933 000	29 176 000	28 188 000	28 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,13 %	7,1 %	5,67 %	56,45 %
Debt-to-Equity Ratio	0	0,02	0,02	0,02
Operating Profit Margin	4,42 %	24,32 %	12,42 %	31,7 %
Current Ratio	1,32	2,18	2,49	2,87
Quick Ratio	1,32	2,18	2,49	2,87
Equity Ratio	0,68	0,75	0,78	0,8
Gross Profit Margin	88,74 %	97,24 %	86,05 %	92,85 %