INNOVATION CONSULTING AS

1166 OSLO

Finances

Return on Equity

−1,32 %

Current Ratio

4,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 000	673 000	42 000	31 000
Net Income	−306 000	9 103 000	3 010 000	73 000
Total Assets	26 794 000	19 990 000	3 780 000	1 978 000
Total Equity	23 205 000	2 407 000	2 304 000	1 967 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 000	673 000	42 000	31 000
Expenditure	200 000	549 000	64 000	56 000
Operating Profit	−153 000	124 000	−23 000	−25 000
Financial Income	9 762 000	9 033 000	3 028 000	92 000
Financial Costs	9 929 000	3 000	0	0
Financial Balance	−167 000	9 030 000	3 028 000	92 000
Earnings Before Tax	−321 000	9 155 000	3 005 000	67 000
Tax	−14 000	52 000	−5 000	−5 000
Net Income	−306 000	9 103 000	3 010 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 248 000	5 792 000	1 829 000	1 883 000
Total Current Assets	16 546 000	14 198 000	1 952 000	95 000
Total Assets	26 794 000	19 990 000	3 780 000	1 978 000
Total Retained Equity	23 006 000	2 208 000	2 105 000	1 768 000
Total Equity	23 205 000	2 407 000	2 304 000	1 967 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 589 000	17 583 000	1 477 000	11 000
Total Equity and Debt	26 794 000	19 990 000	3 780 000	1 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 000	673 000	42 000	31 000
Other Income	11 000	0	0	0
Revenue	47 000	673 000	42 000	31 000
Cost of Goods Sold	7 000	412 000	0	0
Salary Costs	0	0	0	0
Depreciation	20 000	0	0	0
Impairment	0	0	0	0
Expenditure	200 000	549 000	64 000	56 000
Operating Profit	−153 000	124 000	−23 000	−25 000
Financial Income	9 762 000	9 033 000	3 028 000	92 000
Financial Costs	9 929 000	3 000	0	0
Financial Balance	−167 000	9 030 000	3 028 000	92 000
Dividends	5 000 000	9 000 000	1 460 000	0
Net Income	−306 000	9 103 000	3 010 000	73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	84 000	135 000	130 000
Real Eastate	2 547 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	7 000	7 000	7 000
Total Tangible Assets	2 633 000	7 000	7 000	7 000
Total Fiancial Fixed Assets	7 509 000	5 702 000	1 686 000	1 746 000
Total Fixed Assets	10 248 000	5 792 000	1 829 000	1 883 000
Stock	0	0	0	0
Total Investments	4 896 000	1 328 000	0	0
Cash, Bank	11 401 000	12 148 000	1 931 000	67 000
Total Current Assets	16 546 000	14 198 000	1 952 000	95 000
Total Assets	26 794 000	19 990 000	3 780 000	1 978 000
Total Equity	23 205 000	2 407 000	2 304 000	1 967 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	19 000	0	−1 000
Unpaid Taxes	0	34 000	0	−1 000
Dividends	5 000 000	9 000 000	1 460 000	0
Other Current Debt	77 000	8 531 000	17 000	14 000
Total Current Debt	3 589 000	17 583 000	1 477 000	11 000
Total Equity and Debt	26 794 000	19 990 000	3 780 000	1 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,32 %	378,19 %	130,64 %	3,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−325,53 %	18,42 %	−54,76 %	−80,65 %
Current Ratio	4,61	0,81	1,32	8,64
Quick Ratio	4,61	0,81	1,32	8,64
Equity Ratio	0,87	0,12	0,61	0,99
Gross Profit Margin	85,11 %	38,78 %	100 %	100 %