NOGVA MOTORFABRIKK AS

6280 SØVIK

Finances

Return on Equity

13,97 %

Current Ratio

2,8

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	486 735 000	489 341 000	456 754 000	358 988 000
Net Income	43 999 000	28 688 000	40 346 000	28 824 000
Total Assets	518 024 000	484 271 000	442 201 000	353 197 000
Total Equity	314 893 000	280 971 000	263 283 000	220 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	486 735 000	489 341 000	456 754 000	358 988 000
Expenditure	428 317 000	452 196 000	403 124 000	324 297 000
Operating Profit	58 417 000	37 145 000	53 630 000	34 691 000
Financial Income	3 422 000	3 059 000	1 291 000	4 613 000
Financial Costs	5 396 000	3 265 000	3 006 000	2 328 000
Financial Balance	−1 974 000	−206 000	−1 715 000	2 285 000
Earnings Before Tax	56 443 000	36 939 000	51 915 000	36 976 000
Tax	12 444 000	8 251 000	11 569 000	8 152 000
Net Income	43 999 000	28 688 000	40 346 000	28 824 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 725 000	126 576 000	130 781 000	112 188 000
Total Current Assets	395 299 000	357 695 000	311 421 000	241 009 000
Total Assets	518 024 000	484 271 000	442 201 000	353 197 000
Total Retained Equity	116 242 000	83 297 000	65 119 000	22 908 000
Total Equity	314 893 000	280 971 000	263 283 000	220 275 000
Total Long-Term Debt	61 970 000	69 335 000	45 558 000	44 644 000
Total Current Debt	141 161 000	133 965 000	133 360 000	88 278 000
Total Equity and Debt	518 024 000	484 271 000	442 201 000	353 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	486 621 000	489 285 000	456 699 000	358 988 000
Other Income	113 000	56 000	55 000	0
Revenue	486 735 000	489 341 000	456 754 000	358 988 000
Cost of Goods Sold	284 268 000	314 492 000	282 801 000	241 910 000
Salary Costs	92 559 000	88 344 000	80 542 000	53 842 000
Depreciation	10 516 000	10 796 000	9 999 000	6 236 000
Impairment	0	0	98 000	0
Expenditure	428 317 000	452 196 000	403 124 000	324 297 000
Operating Profit	58 417 000	37 145 000	53 630 000	34 691 000
Financial Income	3 422 000	3 059 000	1 291 000	4 613 000
Financial Costs	5 396 000	3 265 000	3 006 000	2 328 000
Financial Balance	−1 974 000	−206 000	−1 715 000	2 285 000
Dividends	11 000 000	11 000 000	11 000 000	0
Net Income	43 999 000	28 688 000	40 346 000	28 824 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 713 000	2 006 000	2 442 000	0
Total Intangible Assets	3 841 000	4 634 000	4 706 000	1 957 000
Real Eastate	95 979 000	102 453 000	105 715 000	72 788 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 258 000	18 375 000	19 771 000	11 216 000
Total Tangible Assets	113 236 000	120 828 000	125 486 000	84 005 000
Total Fiancial Fixed Assets	5 647 000	1 114 000	589 000	26 226 000
Total Fixed Assets	122 725 000	126 576 000	130 781 000	112 188 000
Stock	348 976 000	154 602 000	284 047 000	114 430 000
Total Investments	0	0	0	0
Cash, Bank	78 308 000	100 740 000	77 904 000	67 122 000
Total Current Assets	395 299 000	357 695 000	311 421 000	241 009 000
Total Assets	518 024 000	484 271 000	442 201 000	353 197 000
Total Equity	314 893 000	280 971 000	263 283 000	220 275 000
Short-Term Group Debt	0	0	0	14 105 000
Total Long-Term Debt	61 970 000	69 335 000	45 558 000	44 644 000
Creditors	65 574 000	73 692 000	62 928 000	40 969 000
Unpaid Taxes	18 339 000	13 087 000	18 918 000	12 104 000
Dividends	11 000 000	11 000 000	11 000 000	0
Other Current Debt	34 245 000	26 223 000	28 415 000	15 445 000
Total Current Debt	141 161 000	133 965 000	133 360 000	88 278 000
Total Equity and Debt	518 024 000	484 271 000	442 201 000	353 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,97 %	10,21 %	15,32 %	13,09 %
Debt-to-Equity Ratio	0,2	0,25	0,17	0,2
Operating Profit Margin	12 %	7,59 %	11,74 %	9,66 %
Current Ratio	2,8	2,67	2,34	2,73
Quick Ratio	−1,9	−17,33	−2,07	−9,22
Equity Ratio	0,61	0,58	0,6	0,62
Gross Profit Margin	41,6 %	35,73 %	38,08 %	32,61 %