NOVELTIES AS

0258 OSLO

Finances

Share Ownership

Return on Equity

25,25 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 584 000	2 885 000	2 714 000	2 807 000
Net Income	124 000	320 000	62 000	98 000
Total Assets	984 000	919 000	638 000	637 000
Total Equity	491 000	366 000	297 000	235 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 584 000	2 885 000	2 714 000	2 807 000
Expenditure	2 404 000	2 454 000	2 624 000	2 681 000
Operating Profit	180 000	431 000	89 000	127 000
Financial Income	5 000	2 000	2 000	0
Financial Costs	24 000	22 000	10 000	2 000
Financial Balance	−19 000	−20 000	−8 000	−2 000
Earnings Before Tax	161 000	411 000	81 000	125 000
Tax	37 000	91 000	19 000	28 000
Net Income	124 000	320 000	62 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	0	0	0
Total Current Assets	966 000	919 000	638 000	637 000
Total Assets	984 000	919 000	638 000	637 000
Total Retained Equity	461 000	336 000	267 000	205 000
Total Equity	491 000	366 000	297 000	235 000
Total Long-Term Debt	0	3 000	3 000	0
Total Current Debt	494 000	550 000	339 000	402 000
Total Equity and Debt	984 000	919 000	638 000	637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	304 000	139 000	463 000	2 723 000
Other Income	2 280 000	2 746 000	2 251 000	84 000
Revenue	2 584 000	2 885 000	2 714 000	2 807 000
Cost of Goods Sold	66 000	73 000	164 000	380 000
Salary Costs	957 000	1 059 000	1 311 000	1 351 000
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 404 000	2 454 000	2 624 000	2 681 000
Operating Profit	180 000	431 000	89 000	127 000
Financial Income	5 000	2 000	2 000	0
Financial Costs	24 000	22 000	10 000	2 000
Financial Balance	−19 000	−20 000	−8 000	−2 000
Dividends	0	0	0	0
Net Income	124 000	320 000	62 000	98 000

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	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	499 000	727 000	322 000	322 000
Total Current Assets	966 000	919 000	638 000	637 000
Total Assets	984 000	919 000	638 000	637 000
Total Equity	491 000	366 000	297 000	235 000
Short-Term Group Debt	250 000	250 000	0	0
Total Long-Term Debt	0	3 000	3 000	0
Creditors	35 000	38 000	73 000	127 000
Unpaid Taxes	59 000	59 000	95 000	123 000
Dividends	0	0	0	0
Other Current Debt	111 000	111 000	154 000	124 000
Total Current Debt	494 000	550 000	339 000	402 000
Total Equity and Debt	984 000	919 000	638 000	637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,25 %	87,43 %	20,88 %	41,7 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	6,97 %	14,94 %	3,28 %	4,52 %
Current Ratio	1,96	1,67	1,88	1,58
Quick Ratio	1,96	1,67	1,88	1,58
Equity Ratio	0,5	0,4	0,47	0,37
Gross Profit Margin	97,45 %	97,47 %	93,96 %	86,46 %