NOVUM ØKONOMI AS

3040 DRAMMEN

Finances

Share Ownership

Return on Equity

53,65 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 810 000	7 045 000	7 638 000	8 080 000
Net Income	367 000	−500 000	101 000	477 000
Total Assets	2 895 000	1 488 000	1 938 000	2 283 000
Total Equity	684 000	317 000	817 000	715 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 810 000	7 045 000	7 638 000	8 080 000
Expenditure	8 423 000	7 536 000	7 465 000	7 490 000
Operating Profit	388 000	−491 000	173 000	590 000
Financial Income	7 000	0	12 000	10 000
Financial Costs	28 000	9 000	33 000	15 000
Financial Balance	−21 000	−9 000	−21 000	−5 000
Earnings Before Tax	367 000	−500 000	152 000	584 000
Tax	0	0	51 000	107 000
Net Income	367 000	−500 000	101 000	477 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	305 000	443 000	319 000
Total Current Assets	2 609 000	1 183 000	1 495 000	1 964 000
Total Assets	2 895 000	1 488 000	1 938 000	2 283 000
Total Retained Equity	584 000	217 000	717 000	615 000
Total Equity	684 000	317 000	817 000	715 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 210 000	1 171 000	1 122 000	1 568 000
Total Equity and Debt	2 895 000	1 488 000	1 938 000	2 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 743 000	6 824 000	7 631 000	8 073 000
Other Income	67 000	221 000	7 000	7 000
Revenue	8 810 000	7 045 000	7 638 000	8 080 000
Cost of Goods Sold	1 696 000	1 350 000	1 385 000	1 335 000
Salary Costs	4 736 000	4 175 000	3 334 000	4 072 000
Depreciation	41 000	62 000	62 000	55 000
Impairment	0	0	0	0
Expenditure	8 423 000	7 536 000	7 465 000	7 490 000
Operating Profit	388 000	−491 000	173 000	590 000
Financial Income	7 000	0	12 000	10 000
Financial Costs	28 000	9 000	33 000	15 000
Financial Balance	−21 000	−9 000	−21 000	−5 000
Dividends	0	0	0	438 000
Net Income	367 000	−500 000	101 000	477 000

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	24 000	0	0	0
Fixtures	0	65 000	127 000	166 000
Total Tangible Assets	24 000	65 000	127 000	166 000
Total Fiancial Fixed Assets	262 000	240 000	316 000	153 000
Total Fixed Assets	286 000	305 000	443 000	319 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 624 000	343 000	773 000	1 060 000
Total Current Assets	2 609 000	1 183 000	1 495 000	1 964 000
Total Assets	2 895 000	1 488 000	1 938 000	2 283 000
Total Equity	684 000	317 000	817 000	715 000
Short-Term Group Debt	0	0	0	19 000
Total Long-Term Debt	0	0	0	0
Creditors	250 000	296 000	299 000	193 000
Unpaid Taxes	637 000	480 000	414 000	477 000
Dividends	0	0	0	438 000
Other Current Debt	629 000	395 000	358 000	337 000
Total Current Debt	2 210 000	1 171 000	1 122 000	1 568 000
Total Equity and Debt	2 895 000	1 488 000	1 938 000	2 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,65 %	−157,73 %	12,36 %	66,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,4 %	−6,97 %	2,26 %	7,3 %
Current Ratio	1,18	1,01	1,33	1,25
Quick Ratio	1,18	1,01	1,33	1,25
Equity Ratio	0,24	0,21	0,42	0,31
Gross Profit Margin	80,75 %	80,84 %	81,87 %	83,48 %