NOVA SEA AQUASERVICE AS

8764 LOVUND

Finances

Return on Equity

6,19 %

Current Ratio

3,57

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 599 000	37 857 000	32 384 000	35 129 000
Net Income	2 114 000	3 186 000	1 328 000	2 683 000
Total Assets	58 848 000	60 950 000	50 765 000	50 580 000
Total Equity	34 137 000	32 023 000	28 837 000	27 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 599 000	37 857 000	32 384 000	35 129 000
Expenditure	37 900 000	33 581 000	30 526 000	31 400 000
Operating Profit	2 698 000	4 276 000	1 858 000	3 729 000
Financial Income	558 000	164 000	245 000	388 000
Financial Costs	593 000	355 000	401 000	658 000
Financial Balance	−35 000	−191 000	−156 000	−270 000
Earnings Before Tax	2 664 000	4 085 000	1 702 000	3 460 000
Tax	550 000	899 000	374 000	777 000
Net Income	2 114 000	3 186 000	1 328 000	2 683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 717 000	42 620 000	24 233 000	27 316 000
Total Current Assets	23 131 000	18 330 000	26 532 000	23 264 000
Total Assets	58 848 000	60 950 000	50 765 000	50 580 000
Total Retained Equity	22 137 000	20 023 000	16 837 000	15 510 000
Total Equity	34 137 000	32 023 000	28 837 000	27 510 000
Total Long-Term Debt	18 240 000	23 360 000	17 000 000	17 793 000
Total Current Debt	6 471 000	5 566 000	4 928 000	5 277 000
Total Equity and Debt	58 848 000	60 950 000	50 765 000	50 580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 599 000	37 137 000	32 384 000	35 129 000
Other Income	0	720 000	0	0
Revenue	40 599 000	37 857 000	32 384 000	35 129 000
Cost of Goods Sold	137 000	310 000	515 000	450 000
Salary Costs	16 933 000	14 711 000	13 292 000	13 198 000
Depreciation	8 314 000	7 763 000	7 089 000	7 528 000
Impairment	0	0	0	0
Expenditure	37 900 000	33 581 000	30 526 000	31 400 000
Operating Profit	2 698 000	4 276 000	1 858 000	3 729 000
Financial Income	558 000	164 000	245 000	388 000
Financial Costs	593 000	355 000	401 000	658 000
Financial Balance	−35 000	−191 000	−156 000	−270 000
Dividends	0	0	0	0
Net Income	2 114 000	3 186 000	1 328 000	2 683 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 757 000	1 143 000	1 008 000	520 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 138 000	7 725 000	7 775 000	7 475 000
Fixtures	0	0	0	0
Total Tangible Assets	20 907 000	28 424 000	19 377 000	22 374 000
Total Fiancial Fixed Assets	13 053 000	13 053 000	3 849 000	4 423 000
Total Fixed Assets	35 717 000	42 620 000	24 233 000	27 316 000
Stock	100 000	100 000	100 000	40 000
Total Investments	0	0	0	0
Cash, Bank	16 610 000	13 408 000	23 700 000	18 364 000
Total Current Assets	23 131 000	18 330 000	26 532 000	23 264 000
Total Assets	58 848 000	60 950 000	50 765 000	50 580 000
Total Equity	34 137 000	32 023 000	28 837 000	27 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 240 000	23 360 000	17 000 000	17 793 000
Creditors	966 000	482 000	816 000	322 000
Unpaid Taxes	2 139 000	2 006 000	1 380 000	1 576 000
Dividends	0	0	0	0
Other Current Debt	2 199 000	2 044 000	1 869 000	2 020 000
Total Current Debt	6 471 000	5 566 000	4 928 000	5 277 000
Total Equity and Debt	58 848 000	60 950 000	50 765 000	50 580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,19 %	9,95 %	4,61 %	9,75 %
Debt-to-Equity Ratio	0,53	0,73	0,59	0,65
Operating Profit Margin	6,65 %	11,3 %	5,74 %	10,62 %
Current Ratio	3,57	3,29	5,38	4,41
Quick Ratio	3,63	3,35	5,5	4,44
Equity Ratio	0,58	0,53	0,57	0,54
Gross Profit Margin	99,66 %	99,18 %	98,41 %	98,72 %