INVENTION AS

4642 SØGNE

Finances

Return on Equity

−29,36 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	0	0	0
Net Income	−143 000	−420 000	−290 000	−42 000
Total Assets	2 935 000	2 764 000	2 727 000	2 627 000
Total Equity	487 000	629 000	792 000	924 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	0	0	0
Expenditure	258 000	540 000	371 000	52 000
Operating Profit	−178 000	−540 000	−372 000	−52 000
Financial Income	0	0	0	0
Financial Costs	5 000	−1 000	0	2 000
Financial Balance	−5 000	1 000	0	−2 000
Earnings Before Tax	−183 000	−539 000	−372 000	−54 000
Tax	−40 000	−119 000	−82 000	−12 000
Net Income	−143 000	−420 000	−290 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	316 000	197 000	2 387 000
Total Current Assets	2 579 000	2 448 000	2 529 000	240 000
Total Assets	2 935 000	2 764 000	2 727 000	2 627 000
Total Retained Equity	−941 000	−799 000	−378 000	−88 000
Total Equity	487 000	629 000	792 000	924 000
Total Long-Term Debt	454 000	454 000	454 000	454 000
Total Current Debt	1 995 000	1 681 000	1 481 000	1 249 000
Total Equity and Debt	2 935 000	2 764 000	2 727 000	2 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 000	0	0	0
Other Income	0	0	0	0
Revenue	80 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	391 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	258 000	540 000	371 000	52 000
Operating Profit	−178 000	−540 000	−372 000	−52 000
Financial Income	0	0	0	0
Financial Costs	5 000	−1 000	0	2 000
Financial Balance	−5 000	1 000	0	−2 000
Dividends	0	0	0	0
Net Income	−143 000	−420 000	−290 000	−42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	356 000	316 000	197 000	116 000
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	0	0	0	2 271 000
Total Fixed Assets	356 000	316 000	197 000	2 387 000
Stock	0	0	0	0
Total Investments	2 429 000	2 429 000	2 429 000	0
Cash, Bank	0	1 000	0	1 000
Total Current Assets	2 579 000	2 448 000	2 529 000	240 000
Total Assets	2 935 000	2 764 000	2 727 000	2 627 000
Total Equity	487 000	629 000	792 000	924 000
Short-Term Group Debt	0	0	0	1 201 000
Total Long-Term Debt	454 000	454 000	454 000	454 000
Creditors	170 000	49 000	47 000	48 000
Unpaid Taxes	116 000	120 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 710 000	1 511 000	1 434 000	0
Total Current Debt	1 995 000	1 681 000	1 481 000	1 249 000
Total Equity and Debt	2 935 000	2 764 000	2 727 000	2 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,36 %	−66,77 %	−36,62 %	−4,55 %
Debt-to-Equity Ratio	0,93	0,72	0,57	0,49
Operating Profit Margin	−222,5 %	-	-	-
Current Ratio	1,29	1,46	1,71	0,19
Quick Ratio	1,29	1,46	1,71	0,19
Equity Ratio	0,17	0,23	0,29	0,35
Gross Profit Margin	100 %	-	-	-