INNOVASJON RYFYLKE AS

4160 FINNØY

Finances

Return on Equity

37,06 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	524 000	299 000	289 000	122 000
Net Income	63 000	67 000	191 000	79 000
Total Assets	318 000	304 000	300 000	130 000
Total Equity	170 000	137 000	230 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	524 000	299 000	289 000	122 000
Expenditure	443 000	213 000	45 000	41 000
Operating Profit	81 000	86 000	244 000	81 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	81 000	86 000	244 000	81 000
Tax	18 000	19 000	54 000	2 000
Net Income	63 000	67 000	191 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	21 000	21 000	21 000
Total Current Assets	297 000	283 000	279 000	109 000
Total Assets	318 000	304 000	300 000	130 000
Total Retained Equity	138 000	105 000	120 000	7 000
Total Equity	170 000	137 000	230 000	109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	148 000	167 000	69 000	21 000
Total Equity and Debt	318 000	304 000	300 000	130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	524 000	299 000	289 000	122 000
Other Income	0	0	0	0
Revenue	524 000	299 000	289 000	122 000
Cost of Goods Sold	0	0	0	0
Salary Costs	352 000	202 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	443 000	213 000	45 000	41 000
Operating Profit	81 000	86 000	244 000	81 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	30 000	40 000	120 000	0
Net Income	63 000	67 000	191 000	79 000

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	21 000	21 000	21 000	21 000
Total Fixed Assets	21 000	21 000	21 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	239 000	194 000	214 000	42 000
Total Current Assets	297 000	283 000	279 000	109 000
Total Assets	318 000	304 000	300 000	130 000
Total Equity	170 000	137 000	230 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	0	−16 000
Unpaid Taxes	43 000	78 000	13 000	11 000
Dividends	30 000	40 000	120 000	0
Other Current Debt	54 000	30 000	3 000	23 000
Total Current Debt	148 000	167 000	69 000	21 000
Total Equity and Debt	318 000	304 000	300 000	130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,06 %	48,91 %	83,04 %	72,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,46 %	28,76 %	84,43 %	66,39 %
Current Ratio	2,01	1,69	4,04	5,19
Quick Ratio	2,01	1,69	4,04	5,19
Equity Ratio	0,53	0,45	0,77	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %