NOWACO NORWAY

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

11,36 %

Current Ratio

5,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 070 000	1 616 000	5 558 000	1 510 000
Net Income	86 000	143 000	165 000	140 000
Total Assets	922 000	939 000	805 000	588 000
Total Equity	757 000	671 000	528 000	363 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 070 000	1 616 000	5 558 000	1 510 000
Expenditure	8 968 000	1 432 000	5 354 000	1 332 000
Operating Profit	102 000	183 000	205 000	178 000
Financial Income	8 000	0	8 000	2 000
Financial Costs	0	0	0	0
Financial Balance	8 000	0	8 000	2 000
Earnings Before Tax	110 000	183 000	213 000	179 000
Tax	24 000	40 000	48 000	40 000
Net Income	86 000	143 000	165 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	922 000	939 000	805 000	588 000
Total Assets	922 000	939 000	805 000	588 000
Total Retained Equity	757 000	671 000	528 000	363 000
Total Equity	757 000	671 000	528 000	363 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	166 000	268 000	277 000	226 000
Total Equity and Debt	922 000	939 000	805 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 065 000	1 616 000	5 558 000	1 510 000
Other Income	5 000	0	0	0
Revenue	9 070 000	1 616 000	5 558 000	1 510 000
Cost of Goods Sold	7 783 000	0	3 813 000	5 000
Salary Costs	941 000	1 191 000	1 264 000	1 044 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 968 000	1 432 000	5 354 000	1 332 000
Operating Profit	102 000	183 000	205 000	178 000
Financial Income	8 000	0	8 000	2 000
Financial Costs	0	0	0	0
Financial Balance	8 000	0	8 000	2 000
Dividends	0	0	0	0
Net Income	86 000	143 000	165 000	140 000

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	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	848 000	917 000	783 000	555 000
Total Current Assets	922 000	939 000	805 000	588 000
Total Assets	922 000	939 000	805 000	588 000
Total Equity	757 000	671 000	528 000	363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	38 000	38 000	38 000
Unpaid Taxes	65 000	85 000	78 000	64 000
Dividends	0	0	0	0
Other Current Debt	37 000	105 000	113 000	85 000
Total Current Debt	166 000	268 000	277 000	226 000
Total Equity and Debt	922 000	939 000	805 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,36 %	21,31 %	31,25 %	38,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,12 %	11,32 %	3,69 %	11,79 %
Current Ratio	5,55	3,5	2,91	2,6
Quick Ratio	5,55	3,5	2,91	2,6
Equity Ratio	0,82	0,71	0,66	0,62
Gross Profit Margin	14,19 %	100 %	31,4 %	99,67 %