NOVATEK AS

3048 DRAMMEN

Finances

Share Ownership

Return on Equity

14,29 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 411 000	26 674 000	16 868 000	28 810 000
Net Income	755 000	3 057 000	−39 000	2 485 000
Total Assets	10 815 000	14 373 000	7 867 000	12 407 000
Total Equity	5 283 000	4 528 000	5 471 000	5 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 411 000	26 674 000	16 868 000	28 810 000
Expenditure	23 453 000	22 767 000	16 919 000	25 641 000
Operating Profit	958 000	3 907 000	−52 000	3 170 000
Financial Income	164 000	0	3 000	6 000
Financial Costs	152 000	0	1 000	0
Financial Balance	12 000	0	2 000	6 000
Earnings Before Tax	971 000	3 907 000	−50 000	3 176 000
Tax	215 000	851 000	−11 000	691 000
Net Income	755 000	3 057 000	−39 000	2 485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	239 000	277 000	213 000	270 000
Total Current Assets	10 576 000	14 096 000	7 654 000	12 138 000
Total Assets	10 815 000	14 373 000	7 867 000	12 407 000
Total Retained Equity	5 183 000	4 428 000	5 371 000	5 410 000
Total Equity	5 283 000	4 528 000	5 471 000	5 510 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 532 000	9 845 000	2 396 000	6 898 000
Total Equity and Debt	10 815 000	14 373 000	7 867 000	12 407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 411 000	26 669 000	16 727 000	28 810 000
Other Income	0	5 000	141 000	0
Revenue	24 411 000	26 674 000	16 868 000	28 810 000
Cost of Goods Sold	14 878 000	12 863 000	10 270 000	17 903 000
Salary Costs	5 472 000	6 829 000	4 144 000	4 872 000
Depreciation	64 000	43 000	70 000	82 000
Impairment	0	0	0	0
Expenditure	23 453 000	22 767 000	16 919 000	25 641 000
Operating Profit	958 000	3 907 000	−52 000	3 170 000
Financial Income	164 000	0	3 000	6 000
Financial Costs	152 000	0	1 000	0
Financial Balance	12 000	0	2 000	6 000
Dividends	0	4 000 000	0	2 000 000
Net Income	755 000	3 057 000	−39 000	2 485 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	168 000	61 000	47 000
Real Eastate	0	0	139 000	180 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	105 000	10 000	39 000
Total Tangible Assets	158 000	105 000	149 000	219 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	239 000	277 000	213 000	270 000
Stock	1 909 000	1 867 000	2 056 000	2 213 000
Total Investments	0	0	0	0
Cash, Bank	2 277 000	10 528 000	3 789 000	6 840 000
Total Current Assets	10 576 000	14 096 000	7 654 000	12 138 000
Total Assets	10 815 000	14 373 000	7 867 000	12 407 000
Total Equity	5 283 000	4 528 000	5 471 000	5 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 383 000	821 000	717 000	1 641 000
Unpaid Taxes	1 474 000	3 122 000	1 180 000	2 003 000
Dividends	0	4 000 000	0	2 000 000
Other Current Debt	2 550 000	944 000	497 000	552 000
Total Current Debt	5 532 000	9 845 000	2 396 000	6 898 000
Total Equity and Debt	10 815 000	14 373 000	7 867 000	12 407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,29 %	67,51 %	−0,71 %	45,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,92 %	14,65 %	−0,31 %	11 %
Current Ratio	1,91	1,43	3,19	1,76
Quick Ratio	2,92	1,77	22,51	2,59
Equity Ratio	0,49	0,32	0,7	0,44
Gross Profit Margin	39,05 %	51,78 %	39,12 %	37,86 %