NOVAK AS

0581 OSLO

Finances

Share Ownership

Return on Equity

36,68 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 863 000	3 908 000	3 647 000	3 527 000
Net Income	497 000	566 000	560 000	306 000
Total Assets	2 409 000	2 142 000	1 968 000	1 609 000
Total Equity	1 355 000	1 118 000	842 000	562 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 863 000	3 908 000	3 647 000	3 527 000
Expenditure	3 236 000	3 178 000	2 921 000	3 127 000
Operating Profit	627 000	729 000	726 000	401 000
Financial Income	9 000	2 000	2 000	14 000
Financial Costs	0	5 000	10 000	13 000
Financial Balance	9 000	−3 000	−8 000	1 000
Earnings Before Tax	637 000	726 000	718 000	402 000
Tax	140 000	160 000	158 000	96 000
Net Income	497 000	566 000	560 000	306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	539 000	773 000	847 000	626 000
Total Current Assets	1 870 000	1 369 000	1 121 000	983 000
Total Assets	2 409 000	2 142 000	1 968 000	1 609 000
Total Retained Equity	1 325 000	1 088 000	812 000	532 000
Total Equity	1 355 000	1 118 000	842 000	562 000
Total Long-Term Debt	0	12 000	207 000	278 000
Total Current Debt	1 054 000	1 012 000	920 000	769 000
Total Equity and Debt	2 409 000	2 142 000	1 968 000	1 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 863 000	3 880 000	3 596 000	3 524 000
Other Income	0	27 000	51 000	3 000
Revenue	3 863 000	3 908 000	3 647 000	3 527 000
Cost of Goods Sold	117 000	166 000	157 000	147 000
Salary Costs	2 152 000	2 126 000	1 880 000	1 962 000
Depreciation	257 000	218 000	163 000	118 000
Impairment	0	0	0	0
Expenditure	3 236 000	3 178 000	2 921 000	3 127 000
Operating Profit	627 000	729 000	726 000	401 000
Financial Income	9 000	2 000	2 000	14 000
Financial Costs	0	5 000	10 000	13 000
Financial Balance	9 000	−3 000	−8 000	1 000
Dividends	260 000	290 000	280 000	140 000
Net Income	497 000	566 000	560 000	306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	5 000	17 000
Fixtures	0	0	0	0
Total Tangible Assets	416 000	673 000	847 000	626 000
Total Fiancial Fixed Assets	103 000	100 000	0	0
Total Fixed Assets	539 000	773 000	847 000	626 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 750 000	1 276 000	1 063 000	767 000
Total Current Assets	1 870 000	1 369 000	1 121 000	983 000
Total Assets	2 409 000	2 142 000	1 968 000	1 609 000
Total Equity	1 355 000	1 118 000	842 000	562 000
Short-Term Group Debt	0	0	280 000	140 000
Total Long-Term Debt	0	12 000	207 000	278 000
Creditors	65 000	74 000	11 000	45 000
Unpaid Taxes	347 000	300 000	306 000	316 000
Dividends	260 000	290 000	280 000	140 000
Other Current Debt	210 000	182 000	168 000	165 000
Total Current Debt	1 054 000	1 012 000	920 000	769 000
Total Equity and Debt	2 409 000	2 142 000	1 968 000	1 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,68 %	50,63 %	66,51 %	54,45 %
Debt-to-Equity Ratio	0	0,01	0,25	0,49
Operating Profit Margin	16,23 %	18,65 %	19,91 %	11,37 %
Current Ratio	1,77	1,35	1,22	1,28
Quick Ratio	1,77	1,35	1,22	1,28
Equity Ratio	0,56	0,52	0,43	0,35
Gross Profit Margin	96,97 %	95,75 %	95,7 %	95,83 %