INOVENT AS

5360 KOLLTVEIT

Finances

Share Ownership

Return on Equity

14,26 %

Current Ratio

9,06

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 970 000	2 140 000	2 061 000	2 144 000
Net Income	147 000	28 000	130 000	59 000
Total Assets	1 918 000	1 276 000	1 343 000	1 348 000
Total Equity	1 031 000	884 000	856 000	726 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 970 000	2 140 000	2 061 000	2 144 000
Expenditure	1 752 000	2 074 000	1 858 000	2 065 000
Operating Profit	217 000	66 000	203 000	78 000
Financial Income	−1 000	0	0	0
Financial Costs	27 000	23 000	24 000	0
Financial Balance	−28 000	−23 000	−24 000	0
Earnings Before Tax	188 000	43 000	179 000	78 000
Tax	41 000	15 000	49 000	19 000
Net Income	147 000	28 000	130 000	59 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	785 000	163 000	243 000	308 000
Total Current Assets	1 132 000	1 113 000	1 100 000	1 040 000
Total Assets	1 918 000	1 276 000	1 343 000	1 348 000
Total Retained Equity	931 000	784 000	756 000	626 000
Total Equity	1 031 000	884 000	856 000	726 000
Total Long-Term Debt	762 000	224 000	352 000	480 000
Total Current Debt	125 000	168 000	135 000	142 000
Total Equity and Debt	1 918 000	1 276 000	1 343 000	1 348 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 970 000	2 140 000	2 061 000	2 144 000
Other Income	0	0	0	0
Revenue	1 970 000	2 140 000	2 061 000	2 144 000
Cost of Goods Sold	750 000	827 000	807 000	1 200 000
Salary Costs	336 000	380 000	334 000	176 000
Depreciation	163 000	80 000	79 000	81 000
Impairment	0	0	0	0
Expenditure	1 752 000	2 074 000	1 858 000	2 065 000
Operating Profit	217 000	66 000	203 000	78 000
Financial Income	−1 000	0	0	0
Financial Costs	27 000	23 000	24 000	0
Financial Balance	−28 000	−23 000	−24 000	0
Dividends	0	0	0	0
Net Income	147 000	28 000	130 000	59 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	13 000	26 000
Fixtures	770 000	148 000	215 000	282 000
Total Tangible Assets	770 000	148 000	228 000	308 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	0
Total Fixed Assets	785 000	163 000	243 000	308 000
Stock	434 000	462 000	515 000	430 000
Total Investments	0	0	0	0
Cash, Bank	255 000	291 000	217 000	260 000
Total Current Assets	1 132 000	1 113 000	1 100 000	1 040 000
Total Assets	1 918 000	1 276 000	1 343 000	1 348 000
Total Equity	1 031 000	884 000	856 000	726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	762 000	224 000	352 000	480 000
Creditors	18 000	30 000	9 000	58 000
Unpaid Taxes	12 000	63 000	21 000	21 000
Dividends	0	0	0	0
Other Current Debt	55 000	59 000	57 000	44 000
Total Current Debt	125 000	168 000	135 000	142 000
Total Equity and Debt	1 918 000	1 276 000	1 343 000	1 348 000

Financial indicators	2021	2020	2019	2018
Return on Equity	14,26 %	3,17 %	15,19 %	8,13 %
Debt-to-Equity Ratio	0,74	0,25	0,41	0,66
Operating Profit Margin	11,02 %	3,08 %	9,85 %	3,64 %
Current Ratio	9,06	6,63	8,15	7,32
Quick Ratio	−3,66	−3,79	−2,89	−3,61
Equity Ratio	0,54	0,69	0,64	0,54
Gross Profit Margin	61,93 %	61,36 %	60,84 %	44,03 %