INNOVA ACTIVE AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

45,65 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 735 000	9 065 000	2 037 000	1 480 000
Net Income	1 354 000	−1 937 000	−3 545 000	−1 841 000
Total Assets	7 495 000	17 334 000	1 557 000	1 757 000
Total Equity	2 966 000	1 069 000	1 069 000	−387 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 735 000	9 065 000	2 037 000	1 480 000
Expenditure	35 237 000	10 930 000	5 571 000	3 316 000
Operating Profit	1 498 000	−1 865 000	−3 534 000	−1 836 000
Financial Income	88 000	67 000	5 000	2 000
Financial Costs	233 000	139 000	15 000	7 000
Financial Balance	−145 000	−72 000	−10 000	−5 000
Earnings Before Tax	1 354 000	−1 937 000	−3 545 000	−1 841 000
Tax	0	0	0	0
Net Income	1 354 000	−1 937 000	−3 545 000	−1 841 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	36 000	36 000
Total Current Assets	7 495 000	17 334 000	1 521 000	1 721 000
Total Assets	7 495 000	17 334 000	1 557 000	1 757 000
Total Retained Equity	1 354 000	0	0	−1 841 000
Total Equity	2 966 000	1 069 000	1 069 000	−387 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 530 000	16 265 000	488 000	2 144 000
Total Equity and Debt	7 495 000	17 334 000	1 557 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 735 000	8 665 000	1 386 000	1 480 000
Other Income	0	400 000	651 000	0
Revenue	36 735 000	9 065 000	2 037 000	1 480 000
Cost of Goods Sold	26 340 000	5 531 000	2 287 000	942 000
Salary Costs	6 989 000	2 729 000	483 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	35 237 000	10 930 000	5 571 000	3 316 000
Operating Profit	1 498 000	−1 865 000	−3 534 000	−1 836 000
Financial Income	88 000	67 000	5 000	2 000
Financial Costs	233 000	139 000	15 000	7 000
Financial Balance	−145 000	−72 000	−10 000	−5 000
Dividends	0	0	0	0
Net Income	1 354 000	−1 937 000	−3 545 000	−1 841 000

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	0	0	36 000	36 000
Total Fixed Assets	0	0	36 000	36 000
Stock	5 196 000	8 375 000	15 000	812 000
Total Investments	0	0	0	0
Cash, Bank	991 000	981 000	182 000	52 000
Total Current Assets	7 495 000	17 334 000	1 521 000	1 721 000
Total Assets	7 495 000	17 334 000	1 557 000	1 757 000
Total Equity	2 966 000	1 069 000	1 069 000	−387 000
Short-Term Group Debt	3 358 000	14 124 000	78 000	1 639 000
Total Long-Term Debt	0	0	0	0
Creditors	131 000	555 000	121 000	423 000
Unpaid Taxes	466 000	1 248 000	191 000	0
Dividends	0	0	0	0
Other Current Debt	575 000	338 000	98 000	81 000
Total Current Debt	4 530 000	16 265 000	488 000	2 144 000
Total Equity and Debt	7 495 000	17 334 000	1 557 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,65 %	−181,2 %	−331,62 %	475,71 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	4,08 %	−20,57 %	−173,49 %	−124,05 %
Current Ratio	1,65	1,07	3,12	0,8
Quick Ratio	−11,25	2,2	3,22	1,29
Equity Ratio	0,4	0,06	0,69	−0,22
Gross Profit Margin	28,3 %	38,99 %	−12,27 %	36,35 %