INNOCODE AS

0160 OSLO

Finances

Return on Equity

−98,4 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 951 000	29 705 000	26 627 000	27 409 000
Net Income	−5 857 000	304 000	3 061 000	550 000
Total Assets	15 602 000	18 676 000	18 877 000	16 159 000
Total Equity	5 952 000	11 836 000	11 544 000	8 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 951 000	29 705 000	26 627 000	27 409 000
Expenditure	36 609 000	27 684 000	25 869 000	26 676 000
Operating Profit	−6 658 000	2 022 000	759 000	733 000
Financial Income	164 000	62 000	2 707 000	52 000
Financial Costs	932 000	1 368 000	395 000	231 000
Financial Balance	−768 000	−1 306 000	2 312 000	−179 000
Earnings Before Tax	−7 426 000	716 000	3 071 000	554 000
Tax	−1 569 000	412 000	10 000	4 000
Net Income	−5 857 000	304 000	3 061 000	550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 038 000	6 278 000	6 712 000	7 234 000
Total Current Assets	8 563 000	12 398 000	12 165 000	8 925 000
Total Assets	15 602 000	18 676 000	18 877 000	16 159 000
Total Retained Equity	4 532 000	10 414 000	10 122 000	7 088 000
Total Equity	5 952 000	11 836 000	11 544 000	8 511 000
Total Long-Term Debt	3 932 000	2 407 000	3 053 000	3 682 000
Total Current Debt	5 717 000	4 434 000	4 279 000	3 966 000
Total Equity and Debt	15 602 000	18 676 000	18 877 000	16 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 955 000	29 548 000	26 271 000	28 435 000
Other Income	−2 005 000	157 000	357 000	−1 026 000
Revenue	29 951 000	29 705 000	26 627 000	27 409 000
Cost of Goods Sold	20 321 000	16 839 000	15 499 000	16 481 000
Salary Costs	10 201 000	7 488 000	6 817 000	6 878 000
Depreciation	1 804 000	1 041 000	889 000	1 156 000
Impairment	0	0	0	0
Expenditure	36 609 000	27 684 000	25 869 000	26 676 000
Operating Profit	−6 658 000	2 022 000	759 000	733 000
Financial Income	164 000	62 000	2 707 000	52 000
Financial Costs	932 000	1 368 000	395 000	231 000
Financial Balance	−768 000	−1 306 000	2 312 000	−179 000
Dividends	0	0	0	0
Net Income	−5 857 000	304 000	3 061 000	550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 499 000	4 710 000	3 482 000	2 604 000
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	539 000	1 568 000	3 230 000	4 631 000
Total Fixed Assets	7 038 000	6 278 000	6 712 000	7 234 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 127 000	6 994 000	7 542 000	4 638 000
Total Current Assets	8 563 000	12 398 000	12 165 000	8 925 000
Total Assets	15 602 000	18 676 000	18 877 000	16 159 000
Total Equity	5 952 000	11 836 000	11 544 000	8 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 932 000	2 407 000	3 053 000	3 682 000
Creditors	2 749 000	1 558 000	1 311 000	1 388 000
Unpaid Taxes	1 741 000	1 446 000	2 023 000	1 766 000
Dividends	0	0	0	0
Other Current Debt	1 205 000	1 061 000	944 000	791 000
Total Current Debt	5 717 000	4 434 000	4 279 000	3 966 000
Total Equity and Debt	15 602 000	18 676 000	18 877 000	16 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−98,4 %	2,57 %	26,52 %	6,46 %
Debt-to-Equity Ratio	0,66	0,2	0,26	0,43
Operating Profit Margin	−22,23 %	6,81 %	2,85 %	2,67 %
Current Ratio	1,5	2,8	2,84	2,25
Quick Ratio	1,5	2,8	2,84	2,25
Equity Ratio	0,38	0,63	0,61	0,53
Gross Profit Margin	32,15 %	43,31 %	41,79 %	39,87 %