NOVEL EIENDOM AS

1164 OSLO

Finances

Share Ownership

Return on Equity

−1,49 %

Current Ratio

624

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020
Revenue	0	5 400 000	0
Net Income	−25 000	272 000	−6 000
Total Assets	1 872 000	1 869 000	1 492 000
Total Equity	1 680 000	1 706 000	1 434 000

Income (NOK)	2022	2021	2020
Revenue	0	5 400 000	0
Expenditure	25 000	5 052 000	6 000
Operating Profit	−25 000	348 000	−6 000
Financial Income	8 000	0	0
Financial Costs	8 000	0	0
Financial Balance	0	0	0
Earnings Before Tax	−25 000	348 000	−6 000
Tax	0	76 000	0
Net Income	−25 000	272 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	270 000	1 113 000
Total Current Assets	1 872 000	1 599 000	380 000
Total Assets	1 872 000	1 869 000	1 492 000
Total Retained Equity	240 000	266 000	−6 000
Total Equity	1 680 000	1 706 000	1 434 000
Total Long-Term Debt	189 000	61 000	60 000
Total Current Debt	3 000	103 000	−1 000
Total Equity and Debt	1 872 000	1 869 000	1 492 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	5 400 000	0
Other Income	0	0	0
Revenue	0	5 400 000	0
Cost of Goods Sold	0	5 000 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	25 000	5 052 000	6 000
Operating Profit	−25 000	348 000	−6 000
Financial Income	8 000	0	0
Financial Costs	8 000	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−25 000	272 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	1 113 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	1 113 000
Total Fiancial Fixed Assets	0	270 000	0
Total Fixed Assets	0	270 000	1 113 000
Stock	1 584 000	1 584 000	0
Total Investments	0	0	0
Cash, Bank	288 000	15 000	380 000
Total Current Assets	1 872 000	1 599 000	380 000
Total Assets	1 872 000	1 869 000	1 492 000
Total Equity	1 680 000	1 706 000	1 434 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	189 000	61 000	60 000
Creditors	3 000	27 000	−1 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	3 000	103 000	−1 000
Total Equity and Debt	1 872 000	1 869 000	1 492 000

Financial indicators	2022	2021	2020
Return on Equity	−1,49 %	15,94 %	−0,42 %
Debt-to-Equity Ratio	0,11	0,04	0,04
Operating Profit Margin	-	6,44 %	-
Current Ratio	624	15,52	−380
Quick Ratio	−1,18	−1,08	−380
Equity Ratio	0,9	0,91	0,96
Gross Profit Margin	-	7,41 %	-