NOVE AS

5417 STORD

Finances

Share Ownership

Return on Equity

7,89 %

Current Ratio

0,6

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 482 000	1 934 000	2 366 000	426 000
Net Income	12 000	20 000	37 000	38 000
Total Assets	337 000	221 000	405 000	250 000
Total Equity	152 000	140 000	120 000	133 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 482 000	1 934 000	2 366 000	426 000
Expenditure	1 466 000	1 908 000	2 319 000	379 000
Operating Profit	16 000	26 000	48 000	48 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	15 000	26 000	48 000	48 000
Tax	3 000	6 000	11 000	9 000
Net Income	12 000	20 000	37 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	228 000	161 000	155 000	78 000
Total Current Assets	109 000	60 000	251 000	171 000
Total Assets	337 000	221 000	405 000	250 000
Total Retained Equity	52 000	46 000	26 000	38 000
Total Equity	152 000	140 000	120 000	133 000
Total Long-Term Debt	2 000	2 000	2 000	2 000
Total Current Debt	183 000	78 000	283 000	115 000
Total Equity and Debt	337 000	221 000	405 000	250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 482 000	1 934 000	2 366 000	426 000
Other Income	0	0	0	0
Revenue	1 482 000	1 934 000	2 366 000	426 000
Cost of Goods Sold	879 000	1 192 000	1 613 000	119 000
Salary Costs	415 000	518 000	398 000	83 000
Depreciation	11 000	15 000	15 000	5 000
Impairment	0	0	0	0
Expenditure	1 466 000	1 908 000	2 319 000	379 000
Operating Profit	16 000	26 000	48 000	48 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	50 000	0
Net Income	12 000	20 000	37 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	44 000	50 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	5 000	14 000	23 000
Total Tangible Assets	20 000	5 000	14 000	23 000
Total Fiancial Fixed Assets	170 000	112 000	91 000	0
Total Fixed Assets	228 000	161 000	155 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 000	24 000	29 000	80 000
Total Current Assets	109 000	60 000	251 000	171 000
Total Assets	337 000	221 000	405 000	250 000
Total Equity	152 000	140 000	120 000	133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	2 000	2 000
Creditors	31 000	6 000	123 000	71 000
Unpaid Taxes	77 000	10 000	59 000	27 000
Dividends	0	0	50 000	0
Other Current Debt	71 000	57 000	40 000	10 000
Total Current Debt	183 000	78 000	283 000	115 000
Total Equity and Debt	337 000	221 000	405 000	250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,89 %	14,29 %	30,83 %	28,57 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,02
Operating Profit Margin	1,08 %	1,34 %	2,03 %	11,27 %
Current Ratio	0,6	0,77	0,89	1,49
Quick Ratio	0,6	0,77	0,89	1,49
Equity Ratio	0,45	0,63	0,3	0,53
Gross Profit Margin	40,69 %	38,37 %	31,83 %	72,07 %