NOVAVI AS

4250 KOPERVIK

Finances

Return on Equity

70,91 %

Current Ratio

2,22

Debt-to-Equity Ratio

2,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 432 000	2 127 000	5 566 000	2 371 000
Net Income	1 065 000	336 000	928 000	418 000
Total Assets	6 798 000	3 182 000	3 558 000	2 660 000
Total Equity	1 502 000	905 000	851 000	703 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 432 000	2 127 000	5 566 000	2 371 000
Expenditure	1 961 000	1 562 000	4 036 000	1 759 000
Operating Profit	1 471 000	565 000	1 529 000	613 000
Financial Income	195 000	0	0	0
Financial Costs	317 000	128 000	276 000	77 000
Financial Balance	−122 000	−128 000	−276 000	−77 000
Earnings Before Tax	1 349 000	436 000	1 253 000	536 000
Tax	284 000	100 000	325 000	118 000
Net Income	1 065 000	336 000	928 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 377 000	135 000	169 000	605 000
Total Current Assets	3 421 000	3 047 000	3 389 000	2 054 000
Total Assets	6 798 000	3 182 000	3 558 000	2 660 000
Total Retained Equity	1 402 000	805 000	751 000	603 000
Total Equity	1 502 000	905 000	851 000	703 000
Total Long-Term Debt	3 756 000	852 000	1 087 000	253 000
Total Current Debt	1 540 000	1 425 000	1 619 000	1 704 000
Total Equity and Debt	6 798 000	3 182 000	3 558 000	2 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 267 000	2 124 000	5 544 000	2 003 000
Other Income	165 000	3 000	22 000	368 000
Revenue	3 432 000	2 127 000	5 566 000	2 371 000
Cost of Goods Sold	1 445 000	1 204 000	3 368 000	1 171 000
Salary Costs	0	0	0	0
Depreciation	21 000	82 000	178 000	278 000
Impairment	0	0	0	0
Expenditure	1 961 000	1 562 000	4 036 000	1 759 000
Operating Profit	1 471 000	565 000	1 529 000	613 000
Financial Income	195 000	0	0	0
Financial Costs	317 000	128 000	276 000	77 000
Financial Balance	−122 000	−128 000	−276 000	−77 000
Dividends	0	0	0	0
Net Income	1 065 000	336 000	928 000	418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 295 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	82 000	260 000
Total Tangible Assets	3 295 000	0	82 000	260 000
Total Fiancial Fixed Assets	82 000	135 000	87 000	345 000
Total Fixed Assets	3 377 000	135 000	169 000	605 000
Stock	1 234 000	1 593 000	1 011 000	1 846 000
Total Investments	340 000	507 000	0	0
Cash, Bank	137 000	5 000	23 000	199 000
Total Current Assets	3 421 000	3 047 000	3 389 000	2 054 000
Total Assets	6 798 000	3 182 000	3 558 000	2 660 000
Total Equity	1 502 000	905 000	851 000	703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 756 000	852 000	1 087 000	253 000
Creditors	156 000	153 000	13 000	9 000
Unpaid Taxes	200 000	15 000	41 000	23 000
Dividends	0	0	0	0
Other Current Debt	637 000	438 000	1 000 000	1 118 000
Total Current Debt	1 540 000	1 425 000	1 619 000	1 704 000
Total Equity and Debt	6 798 000	3 182 000	3 558 000	2 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,91 %	37,13 %	109,05 %	59,46 %
Debt-to-Equity Ratio	2,5	0,94	1,28	0,36
Operating Profit Margin	42,86 %	26,56 %	27,47 %	25,85 %
Current Ratio	2,22	2,14	2,09	1,21
Quick Ratio	11,18	−18,14	5,57	−14,46
Equity Ratio	0,22	0,28	0,24	0,26
Gross Profit Margin	57,9 %	43,39 %	39,49 %	50,61 %