NOVETA AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

60,7 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 324 000	70 296 000	93 181 000	82 046 000
Net Income	5 053 000	1 404 000	3 831 000	3 362 000
Total Assets	50 897 000	40 999 000	52 753 000	42 644 000
Total Equity	8 325 000	11 066 000	14 148 000	10 541 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 324 000	70 296 000	93 181 000	82 046 000
Expenditure	111 112 000	68 621 000	87 968 000	77 435 000
Operating Profit	6 212 000	1 674 000	5 213 000	4 611 000
Financial Income	300 000	139 000	60 000	61 000
Financial Costs	18 000	12 000	360 000	319 000
Financial Balance	282 000	127 000	−300 000	−258 000
Earnings Before Tax	6 494 000	1 802 000	4 913 000	4 353 000
Tax	1 441 000	398 000	1 081 000	991 000
Net Income	5 053 000	1 404 000	3 831 000	3 362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	50 897 000	40 999 000	52 753 000	42 644 000
Total Assets	50 897 000	40 999 000	52 753 000	42 644 000
Total Retained Equity	8 075 000	10 816 000	13 898 000	10 291 000
Total Equity	8 325 000	11 066 000	14 148 000	10 541 000
Total Long-Term Debt	583 000	1 341 000	2 208 000	1 190 000
Total Current Debt	41 989 000	28 593 000	36 396 000	30 912 000
Total Equity and Debt	50 897 000	40 999 000	52 753 000	42 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 324 000	70 296 000	93 181 000	82 046 000
Other Income	0	0	0	0
Revenue	117 324 000	70 296 000	93 181 000	82 046 000
Cost of Goods Sold	75 481 000	29 732 000	34 804 000	29 661 000
Salary Costs	28 602 000	32 927 000	44 312 000	46 688 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	111 112 000	68 621 000	87 968 000	77 435 000
Operating Profit	6 212 000	1 674 000	5 213 000	4 611 000
Financial Income	300 000	139 000	60 000	61 000
Financial Costs	18 000	12 000	360 000	319 000
Financial Balance	282 000	127 000	−300 000	−258 000
Dividends	0	0	0	0
Net Income	5 053 000	1 404 000	3 831 000	3 362 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	50 897 000	40 999 000	52 753 000	42 644 000
Total Assets	50 897 000	40 999 000	52 753 000	42 644 000
Total Equity	8 325 000	11 066 000	14 148 000	10 541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	583 000	1 341 000	2 208 000	1 190 000
Creditors	12 557 000	8 135 000	7 371 000	5 992 000
Unpaid Taxes	1 740 000	2 793 000	6 827 000	5 683 000
Dividends	0	0	0	0
Other Current Debt	27 693 000	17 665 000	22 198 000	19 237 000
Total Current Debt	41 989 000	28 593 000	36 396 000	30 912 000
Total Equity and Debt	50 897 000	40 999 000	52 753 000	42 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,7 %	12,69 %	27,08 %	31,89 %
Debt-to-Equity Ratio	0,07	0,12	0,16	0,11
Operating Profit Margin	5,29 %	2,38 %	5,59 %	5,62 %
Current Ratio	1,21	1,43	1,45	1,38
Quick Ratio	1,21	1,43	1,45	1,38
Equity Ratio	0,16	0,27	0,27	0,25
Gross Profit Margin	35,66 %	57,7 %	62,65 %	63,85 %