TA INNOVATION AS

6012 ÅLESUND

Finances

Return on Equity

63,93 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	941 000	205 000	205 000
Net Income	381 000	424 000	140 000	−27 000
Total Assets	1 128 000	919 000	332 000	186 000
Total Equity	596 000	215 000	211 000	99 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	941 000	205 000	205 000
Expenditure	196 000	667 000	81 000	218 000
Operating Profit	−36 000	273 000	124 000	−13 000
Financial Income	532 000	152 000	17 000	0
Financial Costs	115 000	1 000	1 000	14 000
Financial Balance	417 000	151 000	16 000	−14 000
Earnings Before Tax	381 000	424 000	140 000	−27 000
Tax	0	0	0	0
Net Income	381 000	424 000	140 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	0	0	0
Total Current Assets	1 121 000	919 000	332 000	186 000
Total Assets	1 128 000	919 000	332 000	186 000
Total Retained Equity	389 000	8 000	4 000	−108 000
Total Equity	596 000	215 000	211 000	99 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	532 000	704 000	121 000	87 000
Total Equity and Debt	1 128 000	919 000	332 000	186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 000	941 000	205 000	205 000
Other Income	0	0	0	0
Revenue	160 000	941 000	205 000	205 000
Cost of Goods Sold	0	200 000	0	0
Salary Costs	165 000	416 000	77 000	172 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	196 000	667 000	81 000	218 000
Operating Profit	−36 000	273 000	124 000	−13 000
Financial Income	532 000	152 000	17 000	0
Financial Costs	115 000	1 000	1 000	14 000
Financial Balance	417 000	151 000	16 000	−14 000
Dividends	0	0	0	0
Net Income	381 000	424 000	140 000	−27 000

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	7 000	0	0	0
Total Fixed Assets	7 000	0	0	0
Stock	0	0	0	0
Total Investments	591 000	543 000	131 000	37 000
Cash, Bank	82 000	185 000	17 000	75 000
Total Current Assets	1 121 000	919 000	332 000	186 000
Total Assets	1 128 000	919 000	332 000	186 000
Total Equity	596 000	215 000	211 000	99 000
Short-Term Group Debt	448 000	448 000	28 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	59 000	207 000	74 000	61 000
Dividends	0	0	0	0
Other Current Debt	32 000	56 000	20 000	28 000
Total Current Debt	532 000	704 000	121 000	87 000
Total Equity and Debt	1 128 000	919 000	332 000	186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,93 %	197,21 %	66,35 %	−27,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,5 %	29,01 %	60,49 %	−6,34 %
Current Ratio	2,11	1,31	2,74	2,14
Quick Ratio	2,11	1,31	2,74	2,14
Equity Ratio	0,53	0,23	0,64	0,53
Gross Profit Margin	100 %	78,75 %	100 %	100 %