INNOVATION & PRODUCTION AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

−3,32 %

Current Ratio

306,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 000	13 000	51 000	0
Net Income	−144 000	−186 000	−123 000	3 805 000
Total Assets	4 343 000	4 981 000	5 796 000	6 481 000
Total Equity	4 336 000	4 930 000	5 716 000	6 390 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 000	13 000	51 000	0
Expenditure	183 000	205 000	193 000	219 000
Operating Profit	−156 000	−192 000	−142 000	−219 000
Financial Income	12 000	9 000	19 000	4 025 000
Financial Costs	0	3 000	0	0
Financial Balance	12 000	6 000	19 000	4 025 000
Earnings Before Tax	−144 000	−186 000	−123 000	3 805 000
Tax	0	0	0	0
Net Income	−144 000	−186 000	−123 000	3 805 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 198 000	2 251 000	2 303 000	2 355 000
Total Current Assets	2 144 000	2 731 000	3 493 000	4 126 000
Total Assets	4 343 000	4 981 000	5 796 000	6 481 000
Total Retained Equity	2 824 000	3 419 000	4 205 000	4 878 000
Total Equity	4 336 000	4 930 000	5 716 000	6 390 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 000	51 000	80 000	91 000
Total Equity and Debt	4 343 000	4 981 000	5 796 000	6 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	6 000	51 000	0
Other Income	17 000	7 000	0	0
Revenue	28 000	13 000	51 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	5 000	5 000	6 000
Depreciation	95 000	52 000	52 000	33 000
Impairment	0	0	0	0
Expenditure	183 000	205 000	193 000	219 000
Operating Profit	−156 000	−192 000	−142 000	−219 000
Financial Income	12 000	9 000	19 000	4 025 000
Financial Costs	0	3 000	0	0
Financial Balance	12 000	6 000	19 000	4 025 000
Dividends	451 000	0	0	0
Net Income	−144 000	−186 000	−123 000	3 805 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 198 000	2 251 000	2 303 000	2 355 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 198 000	2 251 000	2 303 000	2 355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 198 000	2 251 000	2 303 000	2 355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 095 000	2 718 000	3 443 000	4 126 000
Total Current Assets	2 144 000	2 731 000	3 493 000	4 126 000
Total Assets	4 343 000	4 981 000	5 796 000	6 481 000
Total Equity	4 336 000	4 930 000	5 716 000	6 390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	7 000
Unpaid Taxes	4 000	5 000	5 000	6 000
Dividends	451 000	0	0	0
Other Current Debt	2 000	46 000	73 000	78 000
Total Current Debt	7 000	51 000	80 000	91 000
Total Equity and Debt	4 343 000	4 981 000	5 796 000	6 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,32 %	−3,77 %	−2,15 %	59,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−557,14 %	−1 476,92 %	−278,43 %	-
Current Ratio	306,29	53,55	43,66	45,34
Quick Ratio	306,29	53,55	43,66	45,34
Equity Ratio	1	0,99	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	-