NOVO GRUPPEN AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

12,9 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 417 000	1 377 000	531 000	0
Net Income	44 000	24 000	181 000	0
Total Assets	605 000	1 060 000	1 085 000	30 000
Total Equity	341 000	229 000	205 000	24 000

Income (NOK)	2022	2021	2020
Revenue	2 417 000	1 377 000	531 000
Expenditure	2 181 000	2 088 000	661 000
Operating Profit	236 000	−711 000	−130 000
Financial Income	0	608 000	338 000
Financial Costs	177 000	38 000	8 000
Financial Balance	−177 000	570 000	330 000
Earnings Before Tax	58 000	−141 000	201 000
Tax	14 000	−165 000	20 000
Net Income	44 000	24 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	770 000	803 000	30 000
Total Current Assets	588 000	290 000	282 000	0
Total Assets	605 000	1 060 000	1 085 000	30 000
Total Retained Equity	311 000	205 000	181 000	0
Total Equity	341 000	229 000	205 000	24 000
Total Long-Term Debt	1 000	691 000	777 000	0
Total Current Debt	263 000	139 000	102 000	6 000
Total Equity and Debt	605 000	1 060 000	1 085 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 352 000	1 260 000	533 000
Other Income	64 000	117 000	−1 000
Revenue	2 417 000	1 377 000	531 000
Cost of Goods Sold	0	0	0
Salary Costs	11 000	573 000	240 000
Depreciation	8 000	167 000	53 000
Impairment	0	0	0
Expenditure	2 181 000	2 088 000	661 000
Operating Profit	236 000	−711 000	−130 000
Financial Income	0	608 000	338 000
Financial Costs	177 000	38 000	8 000
Financial Balance	−177 000	570 000	330 000
Dividends	0	0	0
Net Income	44 000	24 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	145 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	0	0	0
Fixtures	0	616 000	783 000	0
Total Tangible Assets	16 000	616 000	783 000	0
Total Fiancial Fixed Assets	0	10 000	20 000	30 000
Total Fixed Assets	16 000	770 000	803 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	566 000	157 000	245 000	0
Total Current Assets	588 000	290 000	282 000	0
Total Assets	605 000	1 060 000	1 085 000	30 000
Total Equity	341 000	229 000	205 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	691 000	777 000	0
Creditors	27 000	0	0	0
Unpaid Taxes	0	56 000	57 000	0
Dividends	0	0	0	0
Other Current Debt	77 000	83 000	44 000	6 000
Total Current Debt	263 000	139 000	102 000	6 000
Total Equity and Debt	605 000	1 060 000	1 085 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,9 %	10,48 %	88,29 %	0 %
Debt-to-Equity Ratio	0	3,02	3,79	0
Operating Profit Margin	9,76 %	−51,63 %	−24,48 %	-
Current Ratio	2,24	2,09	2,76	0
Quick Ratio	2,24	2,09	2,76	0
Equity Ratio	0,56	0,22	0,19	0,8
Gross Profit Margin	100 %	100 %	100 %	-