NOVORENDER AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−184,61 %

Current Ratio

0,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 249 000	1 579 000	254 000	496 000
Net Income	−6 740 000	−5 896 000	−3 695 000	−331 000
Total Assets	11 291 000	11 955 000	15 964 000	8 151 000
Total Equity	3 651 000	6 707 000	12 189 000	5 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 249 000	1 579 000	254 000	496 000
Expenditure	10 893 000	7 464 000	3 973 000	828 000
Operating Profit	−6 645 000	−5 886 000	−3 719 000	−332 000
Financial Income	37 000	26 000	24 000	1 000
Financial Costs	133 000	36 000	0	1 000
Financial Balance	−96 000	−10 000	24 000	0
Earnings Before Tax	−6 740 000	−5 896 000	−3 695 000	−331 000
Tax	0	0	0	0
Net Income	−6 740 000	−5 896 000	−3 695 000	−331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 524 000	4 774 000	3 758 000	2 260 000
Total Current Assets	4 767 000	7 182 000	12 206 000	5 891 000
Total Assets	11 291 000	11 955 000	15 964 000	8 151 000
Total Retained Equity	0	0	0	0
Total Equity	3 651 000	6 707 000	12 189 000	5 884 000
Total Long-Term Debt	0	3 611 000	3 038 000	2 038 000
Total Current Debt	7 640 000	1 637 000	736 000	229 000
Total Equity and Debt	11 291 000	11 955 000	15 964 000	8 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 249 000	1 579 000	254 000	496 000
Other Income	0	0	0	0
Revenue	4 249 000	1 579 000	254 000	496 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 972 000	4 646 000	2 169 000	277 000
Depreciation	1 867 000	1 256 000	799 000	399 000
Impairment	0	0	0	0
Expenditure	10 893 000	7 464 000	3 973 000	828 000
Operating Profit	−6 645 000	−5 886 000	−3 719 000	−332 000
Financial Income	37 000	26 000	24 000	1 000
Financial Costs	133 000	36 000	0	1 000
Financial Balance	−96 000	−10 000	24 000	0
Dividends	0	0	0	0
Net Income	−6 740 000	−5 896 000	−3 695 000	−331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 524 000	4 774 000	3 758 000	2 260 000
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	6 524 000	4 774 000	3 758 000	2 260 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 264 000	5 272 000	11 957 000	5 621 000
Total Current Assets	4 767 000	7 182 000	12 206 000	5 891 000
Total Assets	11 291 000	11 955 000	15 964 000	8 151 000
Total Equity	3 651 000	6 707 000	12 189 000	5 884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 611 000	3 038 000	2 038 000
Creditors	851 000	448 000	176 000	72 000
Unpaid Taxes	965 000	426 000	247 000	70 000
Dividends	0	0	0	0
Other Current Debt	3 825 000	762 000	313 000	87 000
Total Current Debt	7 640 000	1 637 000	736 000	229 000
Total Equity and Debt	11 291 000	11 955 000	15 964 000	8 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−184,61 %	−87,91 %	−30,31 %	−5,63 %
Debt-to-Equity Ratio	0	0,54	0,25	0,35
Operating Profit Margin	−156,39 %	−372,77 %	−1 464,17 %	−66,94 %
Current Ratio	0,62	4,39	16,58	25,72
Quick Ratio	0,62	4,39	16,58	25,72
Equity Ratio	0,32	0,56	0,76	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %