INNOVEST AS

5015 BERGEN

Finances

Return on Equity

19,65 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 000	207 000	778 000	3 584 000
Net Income	−2 172 000	−944 000	−1 764 000	469 000
Total Assets	16 231 000	15 662 000	17 003 000	19 398 000
Total Equity	−11 053 000	−8 881 000	−7 938 000	−6 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 000	207 000	778 000	3 584 000
Expenditure	2 441 000	1 583 000	2 944 000	3 479 000
Operating Profit	−2 434 000	−1 375 000	−2 167 000	105 000
Financial Income	545 000	520 000	494 000	469 000
Financial Costs	283 000	88 000	92 000	106 000
Financial Balance	262 000	432 000	402 000	363 000
Earnings Before Tax	−2 172 000	−944 000	−1 764 000	469 000
Tax	0	0	0	0
Net Income	−2 172 000	−944 000	−1 764 000	469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 979 000	14 979 000	4 068 000	4 068 000
Total Current Assets	1 252 000	683 000	12 935 000	15 330 000
Total Assets	16 231 000	15 662 000	17 003 000	19 398 000
Total Retained Equity	−25 053 000	−22 881 000	−21 938 000	−20 173 000
Total Equity	−11 053 000	−8 881 000	−7 938 000	−6 173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	27 284 000	24 543 000	24 941 000	25 571 000
Total Equity and Debt	16 231 000	15 662 000	17 003 000	19 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 000	207 000	778 000	3 584 000
Revenue	7 000	207 000	778 000	3 584 000
Cost of Goods Sold	−7 000	0	0	0
Salary Costs	274 000	331 000	347 000	243 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 441 000	1 583 000	2 944 000	3 479 000
Operating Profit	−2 434 000	−1 375 000	−2 167 000	105 000
Financial Income	545 000	520 000	494 000	469 000
Financial Costs	283 000	88 000	92 000	106 000
Financial Balance	262 000	432 000	402 000	363 000
Dividends	0	0	0	0
Net Income	−2 172 000	−944 000	−1 764 000	469 000

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	14 979 000	14 979 000	4 068 000	4 068 000
Total Fixed Assets	14 979 000	14 979 000	4 068 000	4 068 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 082 000	581 000	2 106 000	4 988 000
Total Current Assets	1 252 000	683 000	12 935 000	15 330 000
Total Assets	16 231 000	15 662 000	17 003 000	19 398 000
Total Equity	−11 053 000	−8 881 000	−7 938 000	−6 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	298 000	271 000	584 000	359 000
Unpaid Taxes	17 000	17 000	17 000	17 000
Dividends	0	0	0	0
Other Current Debt	21 470 000	21 255 000	21 339 000	22 194 000
Total Current Debt	27 284 000	24 543 000	24 941 000	25 571 000
Total Equity and Debt	16 231 000	15 662 000	17 003 000	19 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,65 %	10,63 %	22,22 %	−7,6 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−34 771,43 %	−664,25 %	−278,53 %	2,93 %
Current Ratio	0,05	0,03	0,52	0,6
Quick Ratio	0,05	0,03	0,52	0,6
Equity Ratio	−0,68	−0,57	−0,47	−0,32
Gross Profit Margin	200 %	100 %	100 %	100 %