INNOVATION HOLDING AS

2280 GJESÅSEN

Finances

Return on Equity

−203,88 %

Current Ratio

16,89

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	882 000	51 000
Net Income	−10 767 000	3 465 000	2 140 000	−142 000
Total Assets	5 582 000	16 424 000	13 629 000	13 083 000
Total Equity	5 281 000	16 048 000	13 062 000	10 922 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	882 000	51 000
Expenditure	29 000	38 000	118 000	227 000
Operating Profit	−29 000	−38 000	764 000	−176 000
Financial Income	518 000	3 570 000	1 710 000	10 000
Financial Costs	11 263 000	76 000	167 000	16 000
Financial Balance	−10 745 000	3 494 000	1 543 000	−6 000
Earnings Before Tax	−10 773 000	3 457 000	2 307 000	−182 000
Tax	−6 000	−8 000	167 000	−40 000
Net Income	−10 767 000	3 465 000	2 140 000	−142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 653 000	16 294 000	479 000	11 775 000
Total Current Assets	929 000	131 000	13 149 000	1 308 000
Total Assets	5 582 000	16 424 000	13 629 000	13 083 000
Total Retained Equity	5 218 000	15 985 000	12 999 000	10 859 000
Total Equity	5 281 000	16 048 000	13 062 000	10 922 000
Total Long-Term Debt	246 000	308 000	385 000	301 000
Total Current Debt	55 000	69 000	182 000	1 860 000
Total Equity and Debt	5 582 000	16 424 000	13 629 000	13 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	31 000
Other Income	0	0	882 000	20 000
Revenue	0	0	882 000	51 000
Cost of Goods Sold	0	0	0	26 000
Salary Costs	0	0	0	0
Depreciation	0	0	69 000	64 000
Impairment	0	0	0	0
Expenditure	29 000	38 000	118 000	227 000
Operating Profit	−29 000	−38 000	764 000	−176 000
Financial Income	518 000	3 570 000	1 710 000	10 000
Financial Costs	11 263 000	76 000	167 000	16 000
Financial Balance	−10 745 000	3 494 000	1 543 000	−6 000
Dividends	0	0	0	0
Net Income	−10 767 000	3 465 000	2 140 000	−142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	11 644 000
Machinery and Plant Facilities	0	0	0	131 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	11 775 000
Total Fiancial Fixed Assets	4 653 000	16 294 000	479 000	0
Total Fixed Assets	4 653 000	16 294 000	479 000	11 775 000
Stock	0	0	0	0
Total Investments	922 000	122 000	12 535 000	988 000
Cash, Bank	7 000	9 000	71 000	302 000
Total Current Assets	929 000	131 000	13 149 000	1 308 000
Total Assets	5 582 000	16 424 000	13 629 000	13 083 000
Total Equity	5 281 000	16 048 000	13 062 000	10 922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	246 000	308 000	385 000	301 000
Creditors	0	0	2 000	2 000
Unpaid Taxes	0	0	91 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	6 000	1 816 000
Total Current Debt	55 000	69 000	182 000	1 860 000
Total Equity and Debt	5 582 000	16 424 000	13 629 000	13 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−203,88 %	21,59 %	16,38 %	−1,3 %
Debt-to-Equity Ratio	0,05	0,02	0,03	0,03
Operating Profit Margin	-	-	86,62 %	−345,1 %
Current Ratio	16,89	1,9	72,25	0,7
Quick Ratio	16,89	1,9	72,25	0,7
Equity Ratio	0,95	0,98	0,96	0,83
Gross Profit Margin	-	-	100 %	49,02 %