NOVAFORM GRUPPEN AS

4313 SANDNES

Finances

Return on Equity

−47,54 %

Current Ratio

0,89

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	179 735 000	130 395 000	98 531 000	96 939 000
Net Income	−6 539 000	−1 753 000	−3 715 000	3 338 000
Total Assets	78 011 000	78 316 000	60 474 000	64 791 000
Total Equity	13 756 000	3 912 000	4 581 000	9 823 000

Income (NOK)	2022	2021	2020	2019
Revenue	179 735 000	130 395 000	98 531 000	96 939 000
Expenditure	185 694 000	131 535 000	101 472 000	91 691 000
Operating Profit	−5 959 000	−1 140 000	−2 942 000	5 248 000
Financial Income	287 000	501 000	976 000	1 230 000
Financial Costs	1 328 000	710 000	1 760 000	1 700 000
Financial Balance	−1 041 000	−209 000	−784 000	−470 000
Earnings Before Tax	−6 999 000	−1 350 000	−3 726 000	4 778 000
Tax	−459 000	403 000	−11 000	1 440 000
Net Income	−6 539 000	−1 753 000	−3 715 000	3 338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 213 000	32 058 000	30 453 000	33 243 000
Total Current Assets	35 798 000	46 258 000	30 021 000	31 548 000
Total Assets	78 011 000	78 316 000	60 474 000	64 791 000
Total Retained Equity	−8 969 000	−6 195 000	−5 667 000	448 000
Total Equity	13 756 000	3 912 000	4 581 000	9 823 000
Total Long-Term Debt	23 923 000	29 133 000	18 000 000	30 563 000
Total Current Debt	40 332 000	45 271 000	37 893 000	24 406 000
Total Equity and Debt	78 011 000	78 316 000	60 474 000	64 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 067 000	128 678 000	98 234 000	96 921 000
Other Income	668 000	1 716 000	297 000	18 000
Revenue	179 735 000	130 395 000	98 531 000	96 939 000
Cost of Goods Sold	30 472 000	19 570 000	24 991 000	29 998 000
Salary Costs	120 184 000	89 772 000	57 330 000	51 714 000
Depreciation	8 070 000	5 715 000	5 379 000	4 742 000
Impairment	0	0	0	0
Expenditure	185 694 000	131 535 000	101 472 000	91 691 000
Operating Profit	−5 959 000	−1 140 000	−2 942 000	5 248 000
Financial Income	287 000	501 000	976 000	1 230 000
Financial Costs	1 328 000	710 000	1 760 000	1 700 000
Financial Balance	−1 041 000	−209 000	−784 000	−470 000
Dividends	0	0	0	0
Net Income	−6 539 000	−1 753 000	−3 715 000	3 338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	24 846 000	15 067 000	19 030 000	22 994 000
Total Intangible Assets	35 147 000	21 900 000	22 655 000	26 311 000
Real Eastate	0	515 000	0	0
Machinery and Plant Facilities	0	409 000	0	0
Fixtures	4 121 000	2 389 000	3 139 000	2 349 000
Total Tangible Assets	4 121 000	3 314 000	3 139 000	2 349 000
Total Fiancial Fixed Assets	2 945 000	6 844 000	4 659 000	4 583 000
Total Fixed Assets	42 213 000	32 058 000	30 453 000	33 243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 298 000	22 535 000	7 547 000	6 223 000
Total Current Assets	35 798 000	46 258 000	30 021 000	31 548 000
Total Assets	78 011 000	78 316 000	60 474 000	64 791 000
Total Equity	13 756 000	3 912 000	4 581 000	9 823 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 923 000	29 133 000	18 000 000	30 563 000
Creditors	9 496 000	6 771 000	7 346 000	9 345 000
Unpaid Taxes	13 623 000	10 900 000	7 857 000	5 255 000
Dividends	0	0	0	0
Other Current Debt	17 212 000	12 100 000	11 741 000	5 751 000
Total Current Debt	40 332 000	45 271 000	37 893 000	24 406 000
Total Equity and Debt	78 011 000	78 316 000	60 474 000	64 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,54 %	−44,81 %	−81,1 %	33,98 %
Debt-to-Equity Ratio	1,74	7,45	3,93	3,11
Operating Profit Margin	−3,32 %	−0,87 %	−2,99 %	5,41 %
Current Ratio	0,89	1,02	0,79	1,29
Quick Ratio	0,89	1,02	0,79	1,29
Equity Ratio	0,18	0,05	0,08	0,15
Gross Profit Margin	83,05 %	84,99 %	74,64 %	69,05 %