NOVITAS CONSULTING AS

2613 LILLEHAMMER

Finances

Share Ownership

Return on Equity

366,67 %

Current Ratio

1,37

Debt-to-Equity Ratio

52,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 303 000	11 740 000	10 113 000	10 810 000
Net Income	66 000	−76 000	−514 000	212 000
Total Assets	3 289 000	3 279 000	3 716 000	4 100 000
Total Equity	18 000	−48 000	28 000	542 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 303 000	11 740 000	10 113 000	10 810 000
Expenditure	11 164 000	11 722 000	10 713 000	10 486 000
Operating Profit	139 000	17 000	−601 000	323 000
Financial Income	0	0	1 000	2 000
Financial Costs	73 000	73 000	48 000	25 000
Financial Balance	−73 000	−73 000	−47 000	−23 000
Earnings Before Tax	66 000	−56 000	−648 000	300 000
Tax	0	20 000	−134 000	88 000
Net Income	66 000	−76 000	−514 000	212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	864 000	1 264 000	1 637 000
Total Current Assets	3 195 000	2 415 000	2 451 000	2 463 000
Total Assets	3 289 000	3 279 000	3 716 000	4 100 000
Total Retained Equity	−12 000	−78 000	−2 000	512 000
Total Equity	18 000	−48 000	28 000	542 000
Total Long-Term Debt	939 000	1 709 000	1 956 000	1 767 000
Total Current Debt	2 331 000	1 618 000	1 731 000	1 791 000
Total Equity and Debt	3 289 000	3 279 000	3 716 000	4 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 687 000	11 740 000	10 113 000	10 810 000
Other Income	616 000	0	0	0
Revenue	11 303 000	11 740 000	10 113 000	10 810 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 341 000	10 382 000	9 388 000	9 268 000
Depreciation	273 000	446 000	437 000	287 000
Impairment	0	0	0	0
Expenditure	11 164 000	11 722 000	10 713 000	10 486 000
Operating Profit	139 000	17 000	−601 000	323 000
Financial Income	0	0	1 000	2 000
Financial Costs	73 000	73 000	48 000	25 000
Financial Balance	−73 000	−73 000	−47 000	−23 000
Dividends	0	0	0	0
Net Income	66 000	−76 000	−514 000	212 000

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	45 000	814 000	1 214 000	1 587 000
Total Tangible Assets	45 000	814 000	1 214 000	1 587 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	95 000	864 000	1 264 000	1 637 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 147 000	430 000	398 000	675 000
Total Current Assets	3 195 000	2 415 000	2 451 000	2 463 000
Total Assets	3 289 000	3 279 000	3 716 000	4 100 000
Total Equity	18 000	−48 000	28 000	542 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	939 000	1 709 000	1 956 000	1 767 000
Creditors	216 000	52 000	326 000	145 000
Unpaid Taxes	1 159 000	959 000	740 000	793 000
Dividends	0	0	0	0
Other Current Debt	957 000	570 000	665 000	779 000
Total Current Debt	2 331 000	1 618 000	1 731 000	1 791 000
Total Equity and Debt	3 289 000	3 279 000	3 716 000	4 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	366,67 %	158,33 %	−1 835,71 %	39,11 %
Debt-to-Equity Ratio	52,17	−35,6	69,86	3,26
Operating Profit Margin	1,23 %	0,14 %	−5,94 %	2,99 %
Current Ratio	1,37	1,49	1,42	1,38
Quick Ratio	1,37	1,49	1,42	1,38
Equity Ratio	0,01	−0,01	0,01	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %