NOVACO AS

0653 OSLO

Finances

Share Ownership

Return on Equity

85 %

Current Ratio

0,9

Debt-to-Equity Ratio

−0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 000	878 000	2 555 000	352 000
Net Income	−895 000	106 000	62 000	−72 000
Total Assets	6 660 000	125 000	521 000	162 000
Total Equity	−1 053 000	−157 000	−264 000	−326 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 000	878 000	2 555 000	352 000
Expenditure	931 000	771 000	2 486 000	422 000
Operating Profit	−885 000	107 000	69 000	−70 000
Financial Income	0	0	0	0
Financial Costs	11 000	0	7 000	2 000
Financial Balance	−11 000	0	−7 000	−2 000
Earnings Before Tax	−895 000	106 000	62 000	−72 000
Tax	0	0	0	0
Net Income	−895 000	106 000	62 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	29 000	89 000	146 000
Total Current Assets	6 660 000	96 000	433 000	17 000
Total Assets	6 660 000	125 000	521 000	162 000
Total Retained Equity	−1 083 000	−187 000	−294 000	−356 000
Total Equity	−1 053 000	−157 000	−264 000	−326 000
Total Long-Term Debt	279 000	225 000	268 000	231 000
Total Current Debt	7 434 000	58 000	518 000	257 000
Total Equity and Debt	6 660 000	125 000	521 000	162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 000	878 000	2 554 000	352 000
Other Income	0	0	1 000	0
Revenue	46 000	878 000	2 555 000	352 000
Cost of Goods Sold	121 000	210 000	1 322 000	138 000
Salary Costs	0	301 000	515 000	2 000
Depreciation	0	59 000	83 000	86 000
Impairment	0	0	0	0
Expenditure	931 000	771 000	2 486 000	422 000
Operating Profit	−885 000	107 000	69 000	−70 000
Financial Income	0	0	0	0
Financial Costs	11 000	0	7 000	2 000
Financial Balance	−11 000	0	−7 000	−2 000
Dividends	0	0	0	0
Net Income	−895 000	106 000	62 000	−72 000

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	26 000	72 000	133 000
Fixtures	0	3 000	17 000	13 000
Total Tangible Assets	0	29 000	89 000	146 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	29 000	89 000	146 000
Stock	0	0	0	0
Total Investments	2 000	11 000	0	0
Cash, Bank	2 827 000	54 000	46 000	9 000
Total Current Assets	6 660 000	96 000	433 000	17 000
Total Assets	6 660 000	125 000	521 000	162 000
Total Equity	−1 053 000	−157 000	−264 000	−326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	279 000	225 000	268 000	231 000
Creditors	4 582 000	0	256 000	257 000
Unpaid Taxes	0	18 000	198 000	0
Dividends	0	0	0	0
Other Current Debt	2 853 000	40 000	64 000	0
Total Current Debt	7 434 000	58 000	518 000	257 000
Total Equity and Debt	6 660 000	125 000	521 000	162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85 %	−67,52 %	−23,48 %	22,09 %
Debt-to-Equity Ratio	−0,26	−1,43	−1,02	−0,71
Operating Profit Margin	−1 923,91 %	12,19 %	2,7 %	−19,89 %
Current Ratio	0,9	1,66	0,84	0,07
Quick Ratio	0,9	1,66	0,84	0,07
Equity Ratio	−0,16	−1,26	−0,51	−2,01
Gross Profit Margin	−163,04 %	76,08 %	48,26 %	60,8 %