SUSTAINOVATE AS

5360 KOLLTVEIT

Finances

Share Ownership

Return on Equity

−14,4 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 255 000	2 834 000	3 052 000	1 595 000
Net Income	−112 000	−170 000	107 000	−685 000
Total Assets	1 803 000	1 415 000	1 374 000	848 000
Total Equity	778 000	890 000	397 000	290 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 255 000	2 834 000	3 052 000	1 595 000
Expenditure	1 628 000	3 243 000	2 957 000	2 203 000
Operating Profit	−373 000	−409 000	95 000	−608 000
Financial Income	123 000	32 000	0	0
Financial Costs	23 000	26 000	−12 000	15 000
Financial Balance	100 000	6 000	12 000	−15 000
Earnings Before Tax	−273 000	−403 000	107 000	−623 000
Tax	−161 000	−233 000	0	62 000
Net Income	−112 000	−170 000	107 000	−685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	442 000	251 000	28 000	0
Total Current Assets	1 361 000	1 164 000	1 346 000	848 000
Total Assets	1 803 000	1 415 000	1 374 000	848 000
Total Retained Equity	748 000	860 000	367 000	260 000
Total Equity	778 000	890 000	397 000	290 000
Total Long-Term Debt	150 000	0	0	0
Total Current Debt	875 000	525 000	977 000	557 000
Total Equity and Debt	1 803 000	1 415 000	1 374 000	848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 255 000	2 834 000	3 052 000	1 595 000
Other Income	0	0	0	0
Revenue	1 255 000	2 834 000	3 052 000	1 595 000
Cost of Goods Sold	784 000	2 033 000	1 836 000	772 000
Salary Costs	457 000	873 000	932 000	1 060 000
Depreciation	11 000	10 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 628 000	3 243 000	2 957 000	2 203 000
Operating Profit	−373 000	−409 000	95 000	−608 000
Financial Income	123 000	32 000	0	0
Financial Costs	23 000	26 000	−12 000	15 000
Financial Balance	100 000	6 000	12 000	−15 000
Dividends	0	0	0	0
Net Income	−112 000	−170 000	107 000	−685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	394 000	233 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	18 000	28 000	0
Fixtures	48 000	0	0	0
Total Tangible Assets	48 000	18 000	28 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	442 000	251 000	28 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	346 000	187 000	184 000	321 000
Total Current Assets	1 361 000	1 164 000	1 346 000	848 000
Total Assets	1 803 000	1 415 000	1 374 000	848 000
Total Equity	778 000	890 000	397 000	290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	0	0	0
Creditors	215 000	145 000	434 000	176 000
Unpaid Taxes	116 000	27 000	66 000	13 000
Dividends	0	0	0	0
Other Current Debt	545 000	352 000	477 000	307 000
Total Current Debt	875 000	525 000	977 000	557 000
Total Equity and Debt	1 803 000	1 415 000	1 374 000	848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,4 %	−19,1 %	26,95 %	−236,21 %
Debt-to-Equity Ratio	0,19	0	0	0
Operating Profit Margin	−29,72 %	−14,43 %	3,11 %	−38,12 %
Current Ratio	1,56	2,22	1,38	1,52
Quick Ratio	1,56	2,22	1,38	1,52
Equity Ratio	0,43	0,63	0,29	0,34
Gross Profit Margin	37,53 %	28,26 %	39,84 %	51,6 %