INOVATI AS

1177 OSLO

Finances

Share Ownership

Return on Equity

91,14 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 863 000	12 906 000	5 263 000	4 910 000
Net Income	2 809 000	7 254 000	1 833 000	970 000
Total Assets	7 474 000	13 590 000	7 907 000	4 247 000
Total Equity	3 082 000	7 373 000	2 919 000	1 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 863 000	12 906 000	5 263 000	4 910 000
Expenditure	5 225 000	3 652 000	2 971 000	3 634 000
Operating Profit	3 638 000	9 253 000	2 293 000	1 276 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	24 000	1 000	16 000	17 000
Financial Balance	−23 000	0	−15 000	−16 000
Earnings Before Tax	3 615 000	9 254 000	2 277 000	1 261 000
Tax	806 000	1 999 000	444 000	290 000
Net Income	2 809 000	7 254 000	1 833 000	970 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	283 000	206 000	2 276 000
Total Current Assets	7 257 000	13 307 000	7 701 000	1 971 000
Total Assets	7 474 000	13 590 000	7 907 000	4 247 000
Total Retained Equity	2 982 000	7 273 000	2 819 000	985 000
Total Equity	3 082 000	7 373 000	2 919 000	1 085 000
Total Long-Term Debt	36 000	68 000	67 000	1 532 000
Total Current Debt	4 355 000	6 149 000	4 921 000	1 630 000
Total Equity and Debt	7 474 000	13 590 000	7 907 000	4 247 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 863 000	12 926 000	5 243 000	4 910 000
Other Income	0	−20 000	20 000	0
Revenue	8 863 000	12 906 000	5 263 000	4 910 000
Cost of Goods Sold	105 000	184 000	8 000	26 000
Salary Costs	2 964 000	2 295 000	1 632 000	2 350 000
Depreciation	80 000	73 000	233 000	246 000
Impairment	0	0	0	0
Expenditure	5 225 000	3 652 000	2 971 000	3 634 000
Operating Profit	3 638 000	9 253 000	2 293 000	1 276 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	24 000	1 000	16 000	17 000
Financial Balance	−23 000	0	−15 000	−16 000
Dividends	7 100 000	2 800 000	0	0
Net Income	2 809 000	7 254 000	1 833 000	970 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	53 000	107 000	280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	216 000	230 000	99 000	1 996 000
Total Tangible Assets	216 000	230 000	99 000	1 996 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	216 000	283 000	206 000	2 276 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 655 000	8 662 000	6 595 000	1 063 000
Total Current Assets	7 257 000	13 307 000	7 701 000	1 971 000
Total Assets	7 474 000	13 590 000	7 907 000	4 247 000
Total Equity	3 082 000	7 373 000	2 919 000	1 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	36 000	68 000	67 000	1 532 000
Creditors	27 000	12 000	42 000	168 000
Unpaid Taxes	895 000	1 601 000	1 601 000	213 000
Dividends	7 100 000	2 800 000	0	0
Other Current Debt	2 595 000	2 775 000	3 069 000	1 015 000
Total Current Debt	4 355 000	6 149 000	4 921 000	1 630 000
Total Equity and Debt	7 474 000	13 590 000	7 907 000	4 247 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,14 %	98,39 %	62,8 %	89,4 %
Debt-to-Equity Ratio	0,01	0,01	0,02	1,41
Operating Profit Margin	41,05 %	71,7 %	43,57 %	25,99 %
Current Ratio	1,67	2,16	1,56	1,21
Quick Ratio	1,67	2,16	1,56	1,21
Equity Ratio	0,41	0,54	0,37	0,26
Gross Profit Margin	98,82 %	98,57 %	99,85 %	99,47 %