NOVA OFOTEN AS

8521 ANKENES

Finances

Share Ownership

Return on Equity

19,35 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	1 698 000	726 000	0
Net Income	96 000	409 000	−53 000
Total Assets	753 000	776 000	5 000
Total Equity	496 000	400 000	−9 000

Income (NOK)	2021	2020	2019
Revenue	1 698 000	726 000	0
Expenditure	1 573 000	217 000	54 000
Operating Profit	125 000	509 000	−53 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Earnings Before Tax	123 000	508 000	−53 000
Tax	27 000	99 000	0
Net Income	96 000	409 000	−53 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	390 000	0	0
Total Current Assets	364 000	776 000	5 000
Total Assets	753 000	776 000	5 000
Total Retained Equity	452 000	355 000	−53 000
Total Equity	496 000	400 000	−9 000
Total Long-Term Debt	0	0	0
Total Current Debt	257 000	377 000	13 000
Total Equity and Debt	753 000	776 000	5 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 698 000	726 000	0
Other Income	0	0	0
Revenue	1 698 000	726 000	0
Cost of Goods Sold	210 000	68 000	1 000
Salary Costs	705 000	36 000	0
Depreciation	25 000	0	0
Impairment	0	0	0
Expenditure	1 573 000	217 000	54 000
Operating Profit	125 000	509 000	−53 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Dividends	0	0	0
Net Income	96 000	409 000	−53 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	228 000	0	0
Machinery and Plant Facilities	80 000	0	0
Fixtures	0	0	0
Total Tangible Assets	308 000	0	0
Total Fiancial Fixed Assets	82 000	0	0
Total Fixed Assets	390 000	0	0
Stock	0	53 000	0
Total Investments	0	0	0
Cash, Bank	252 000	161 000	5 000
Total Current Assets	364 000	776 000	5 000
Total Assets	753 000	776 000	5 000
Total Equity	496 000	400 000	−9 000
Short-Term Group Debt	0	115 000	0
Total Long-Term Debt	0	0	0
Creditors	101 000	28 000	1 000
Unpaid Taxes	70 000	134 000	0
Dividends	0	0	0
Other Current Debt	60 000	0	13 000
Total Current Debt	257 000	377 000	13 000
Total Equity and Debt	753 000	776 000	5 000

Financial indicators	2021	2020	2019
Return on Equity	19,35 %	102,25 %	588,89 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	7,36 %	70,11 %	-
Current Ratio	1,42	2,06	0,38
Quick Ratio	1,42	2,4	0,38
Equity Ratio	0,66	0,52	−1,8
Gross Profit Margin	87,63 %	90,63 %	-