NORINNOVA FORVALTNING AS

9019 TROMSØ

Finances

Return on Equity

−36,8 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 192 000	2 382 000	1 598 000	3 978 000
Net Income	−676 000	690 000	−1 328 000	−54 000
Total Assets	3 276 000	3 426 000	3 777 000	5 265 000
Total Equity	1 837 000	2 503 000	1 814 000	3 142 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 192 000	2 382 000	1 598 000	3 978 000
Expenditure	1 873 000	1 754 000	3 024 000	4 323 000
Operating Profit	−682 000	628 000	−1 426 000	−344 000
Financial Income	479 000	62 000	81 000	360 000
Financial Costs	473 000	0	38 000	70 000
Financial Balance	6 000	62 000	43 000	290 000
Earnings Before Tax	−676 000	690 000	−1 384 000	−54 000
Tax	0	0	−55 000	0
Net Income	−676 000	690 000	−1 328 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 236 000	100 000	1 170 000	9 000
Total Current Assets	1 040 000	3 326 000	2 607 000	5 256 000
Total Assets	3 276 000	3 426 000	3 777 000	5 265 000
Total Retained Equity	1 667 000	0	0	2 982 000
Total Equity	1 837 000	2 503 000	1 814 000	3 142 000
Total Long-Term Debt	990 000	0	1 614 000	1 529 000
Total Current Debt	448 000	922 000	350 000	593 000
Total Equity and Debt	3 276 000	3 426 000	3 777 000	5 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 000	90 000	326 000	2 845 000
Other Income	1 107 000	2 292 000	1 272 000	1 133 000
Revenue	1 192 000	2 382 000	1 598 000	3 978 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 246 000	1 314 000	2 455 000	3 581 000
Depreciation	0	3 000	5 000	12 000
Impairment	0	0	0	0
Expenditure	1 873 000	1 754 000	3 024 000	4 323 000
Operating Profit	−682 000	628 000	−1 426 000	−344 000
Financial Income	479 000	62 000	81 000	360 000
Financial Costs	473 000	0	38 000	70 000
Financial Balance	6 000	62 000	43 000	290 000
Dividends	0	0	0	0
Net Income	−676 000	690 000	−1 328 000	−54 000

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	3 000	9 000
Total Tangible Assets	0	0	3 000	9 000
Total Fiancial Fixed Assets	2 236 000	100 000	1 166 000	0
Total Fixed Assets	2 236 000	100 000	1 170 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	2 722 000
Cash, Bank	1 031 000	3 313 000	2 345 000	1 315 000
Total Current Assets	1 040 000	3 326 000	2 607 000	5 256 000
Total Assets	3 276 000	3 426 000	3 777 000	5 265 000
Total Equity	1 837 000	2 503 000	1 814 000	3 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	990 000	0	1 614 000	1 529 000
Creditors	21 000	14 000	22 000	54 000
Unpaid Taxes	104 000	751 000	141 000	220 000
Dividends	0	0	0	0
Other Current Debt	323 000	157 000	186 000	320 000
Total Current Debt	448 000	922 000	350 000	593 000
Total Equity and Debt	3 276 000	3 426 000	3 777 000	5 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,8 %	27,57 %	−73,21 %	−1,72 %
Debt-to-Equity Ratio	0,54	0	0,89	0,49
Operating Profit Margin	−57,21 %	26,36 %	−89,24 %	−8,65 %
Current Ratio	2,32	3,61	7,45	8,86
Quick Ratio	2,32	3,61	7,45	8,86
Equity Ratio	0,56	0,73	0,48	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %