INOVICO AS

0657 OSLO

Finances

Share Ownership

Return on Equity

−89,09 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	227 000	405 000	643 000	805 000
Net Income	−147 000	−57 000	−6 000	−9 000
Total Assets	246 000	719 000	799 000	736 000
Total Equity	165 000	312 000	369 000	375 000

Income (NOK)	2022	2021	2020	2019
Revenue	227 000	405 000	643 000	805 000
Expenditure	373 000	477 000	651 000	815 000
Operating Profit	−147 000	−72 000	−8 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−147 000	−72 000	−8 000	−11 000
Tax	0	−15 000	−2 000	−2 000
Net Income	−147 000	−57 000	−6 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	240 000	322 000	405 000
Total Current Assets	89 000	479 000	477 000	331 000
Total Assets	246 000	719 000	799 000	736 000
Total Retained Equity	65 000	212 000	269 000	275 000
Total Equity	165 000	312 000	369 000	375 000
Total Long-Term Debt	0	0	15 000	18 000
Total Current Debt	81 000	407 000	415 000	343 000
Total Equity and Debt	246 000	719 000	799 000	736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	227 000	405 000	643 000	805 000
Other Income	0	0	0	0
Revenue	227 000	405 000	643 000	805 000
Cost of Goods Sold	0	0	0	0
Salary Costs	193 000	320 000	443 000	639 000
Depreciation	82 000	82 000	82 000	82 000
Impairment	0	0	0	0
Expenditure	373 000	477 000	651 000	815 000
Operating Profit	−147 000	−72 000	−8 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−147 000	−57 000	−6 000	−9 000

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	158 000	240 000	322 000	405 000
Total Tangible Assets	158 000	240 000	322 000	405 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	158 000	240 000	322 000	405 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	43 000	53 000	137 000
Total Current Assets	89 000	479 000	477 000	331 000
Total Assets	246 000	719 000	799 000	736 000
Total Equity	165 000	312 000	369 000	375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	15 000	18 000
Creditors	0	25 000	28 000	0
Unpaid Taxes	30 000	134 000	23 000	139 000
Dividends	0	0	0	0
Other Current Debt	51 000	248 000	363 000	204 000
Total Current Debt	81 000	407 000	415 000	343 000
Total Equity and Debt	246 000	719 000	799 000	736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,09 %	−18,27 %	−1,63 %	−2,4 %
Debt-to-Equity Ratio	0	0	0,04	0,05
Operating Profit Margin	−64,76 %	−17,78 %	−1,24 %	−1,37 %
Current Ratio	1,1	1,18	1,15	0,97
Quick Ratio	1,1	1,18	1,15	0,97
Equity Ratio	0,67	0,43	0,46	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %