INNOVANGSJON SA

2975 VANG I VALDRES

Finances

Share Ownership

Return on Equity

−1,97 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 551 000	1 682 000	1 782 000	2 025 000
Net Income	−6 000	3 000	−23 000	39 000
Total Assets	576 000	532 000	529 000	592 000
Total Equity	304 000	310 000	307 000	330 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 551 000	1 682 000	1 782 000	2 025 000
Expenditure	1 557 000	1 679 000	1 805 000	1 973 000
Operating Profit	−6 000	3 000	−23 000	51 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Earnings Before Tax	−6 000	3 000	−22 000	51 000
Tax	0	0	0	12 000
Net Income	−6 000	3 000	−23 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	15 000	15 000	15 000
Total Current Assets	547 000	517 000	514 000	577 000
Total Assets	576 000	532 000	529 000	592 000
Total Retained Equity	184 000	190 000	187 000	210 000
Total Equity	304 000	310 000	307 000	330 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	273 000	223 000	222 000	262 000
Total Equity and Debt	576 000	532 000	529 000	592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	182 000	282 000	210 000
Other Income	1 550 000	1 500 000	1 500 000	1 815 000
Revenue	1 551 000	1 682 000	1 782 000	2 025 000
Cost of Goods Sold	0	0	11 000	3 000
Salary Costs	1 363 000	1 312 000	1 453 000	1 627 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 557 000	1 679 000	1 805 000	1 973 000
Operating Profit	−6 000	3 000	−23 000	51 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−6 000	3 000	−23 000	39 000

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	14 000	0	0	0
Total Tangible Assets	14 000	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	29 000	15 000	15 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	505 000	475 000	349 000	309 000
Total Current Assets	547 000	517 000	514 000	577 000
Total Assets	576 000	532 000	529 000	592 000
Total Equity	304 000	310 000	307 000	330 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	27 000	9 000	239 000
Unpaid Taxes	71 000	65 000	72 000	23 000
Dividends	0	0	0	0
Other Current Debt	161 000	130 000	140 000	0
Total Current Debt	273 000	223 000	222 000	262 000
Total Equity and Debt	576 000	532 000	529 000	592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,97 %	0,97 %	−7,49 %	11,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,39 %	0,18 %	−1,29 %	2,52 %
Current Ratio	2	2,32	2,32	2,2
Quick Ratio	2	2,32	2,32	2,2
Equity Ratio	0,53	0,58	0,58	0,56
Gross Profit Margin	100 %	100 %	99,38 %	99,85 %