NOVO ENTREPRENØR AS

0666 OSLO

Finances

Share Ownership

Return on Equity

38,95 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 535 000	51 401 000	39 177 000	17 120 000
Net Income	4 643 000	1 412 000	3 869 000	2 118 000
Total Assets	22 774 000	16 101 000	16 339 000	8 050 000
Total Equity	11 920 000	7 277 000	5 876 000	2 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 535 000	51 401 000	39 177 000	17 120 000
Expenditure	58 290 000	49 585 000	34 216 000	14 412 000
Operating Profit	6 244 000	1 816 000	4 961 000	2 709 000
Financial Income	23 000	2 000	26 000	7 000
Financial Costs	31 000	8 000	20 000	0
Financial Balance	−8 000	−6 000	6 000	7 000
Earnings Before Tax	6 237 000	1 810 000	4 966 000	2 716 000
Tax	1 594 000	398 000	1 097 000	598 000
Net Income	4 643 000	1 412 000	3 869 000	2 118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	471 000	1 096 000	420 000	0
Total Current Assets	22 303 000	15 005 000	15 919 000	8 050 000
Total Assets	22 774 000	16 101 000	16 339 000	8 050 000
Total Retained Equity	11 620 000	6 977 000	5 704 000	2 187 000
Total Equity	11 920 000	7 277 000	5 876 000	2 457 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 854 000	8 824 000	10 462 000	5 593 000
Total Equity and Debt	22 774 000	16 101 000	16 339 000	8 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 423 000	51 374 000	39 177 000	17 120 000
Other Income	113 000	27 000	0	0
Revenue	64 535 000	51 401 000	39 177 000	17 120 000
Cost of Goods Sold	17 470 000	15 564 000	15 793 000	11 795 000
Salary Costs	27 638 000	21 093 000	12 914 000	1 504 000
Depreciation	46 000	38 000	11 000	0
Impairment	0	0	0	0
Expenditure	58 290 000	49 585 000	34 216 000	14 412 000
Operating Profit	6 244 000	1 816 000	4 961 000	2 709 000
Financial Income	23 000	2 000	26 000	7 000
Financial Costs	31 000	8 000	20 000	0
Financial Balance	−8 000	−6 000	6 000	7 000
Dividends	0	600 000	0	0
Net Income	4 643 000	1 412 000	3 869 000	2 118 000

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	185 000	151 000	46 000	0
Total Tangible Assets	185 000	151 000	46 000	0
Total Fiancial Fixed Assets	286 000	945 000	374 000	0
Total Fixed Assets	471 000	1 096 000	420 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 603 000	2 611 000	4 386 000	6 612 000
Total Current Assets	22 303 000	15 005 000	15 919 000	8 050 000
Total Assets	22 774 000	16 101 000	16 339 000	8 050 000
Total Equity	11 920 000	7 277 000	5 876 000	2 457 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 533 000	2 730 000	4 744 000	4 606 000
Unpaid Taxes	2 778 000	1 974 000	2 635 000	109 000
Dividends	0	600 000	0	0
Other Current Debt	3 949 000	3 122 000	1 987 000	280 000
Total Current Debt	10 854 000	8 824 000	10 462 000	5 593 000
Total Equity and Debt	22 774 000	16 101 000	16 339 000	8 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,95 %	19,4 %	65,84 %	86,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,68 %	3,53 %	12,66 %	15,82 %
Current Ratio	2,05	1,7	1,52	1,44
Quick Ratio	2,05	1,7	1,52	1,44
Equity Ratio	0,52	0,45	0,36	0,31
Gross Profit Margin	72,93 %	69,72 %	59,69 %	31,1 %