NOVARTIS NORGE AS

0484 OSLO

Finances

Share Ownership

Return on Equity

11,64 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 242 904 000	1 423 255 000	1 452 692 000	1 382 521 000
Net Income	30 063 000	45 179 000	40 321 000	39 380 000
Total Assets	592 491 000	442 290 000	500 313 000	483 940 000
Total Equity	258 352 000	228 289 000	183 109 000	142 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 242 904 000	1 423 255 000	1 452 692 000	1 382 521 000
Expenditure	1 203 871 000	1 364 442 000	1 398 650 000	1 328 752 000
Operating Profit	39 034 000	58 813 000	54 042 000	53 770 000
Financial Income	412 000	218 000	57 000	26 000
Financial Costs	773 000	866 000	2 073 000	2 265 000
Financial Balance	−361 000	−648 000	−2 016 000	−2 239 000
Earnings Before Tax	38 673 000	58 165 000	52 026 000	51 531 000
Tax	8 610 000	12 986 000	11 705 000	12 151 000
Net Income	30 063 000	45 179 000	40 321 000	39 380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 508 000	2 754 000	6 446 000	3 027 000
Total Current Assets	582 983 000	439 536 000	493 868 000	480 913 000
Total Assets	592 491 000	442 290 000	500 313 000	483 940 000
Total Retained Equity	246 549 000	216 486 000	171 307 000	130 986 000
Total Equity	258 352 000	228 289 000	183 109 000	142 788 000
Total Long-Term Debt	345 000	450 000	50 405 000	50 362 000
Total Current Debt	333 794 000	213 552 000	266 799 000	290 790 000
Total Equity and Debt	592 491 000	442 290 000	500 313 000	483 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 161 483 000	1 348 254 000	1 375 817 000	1 300 064 000
Other Income	81 421 000	75 001 000	76 875 000	82 457 000
Revenue	1 242 904 000	1 423 255 000	1 452 692 000	1 382 521 000
Cost of Goods Sold	871 355 000	1 062 142 000	1 095 623 000	1 017 324 000
Salary Costs	196 853 000	147 397 000	160 896 000	149 004 000
Depreciation	626 000	556 000	886 000	826 000
Impairment	0	0	0	0
Expenditure	1 203 871 000	1 364 442 000	1 398 650 000	1 328 752 000
Operating Profit	39 034 000	58 813 000	54 042 000	53 770 000
Financial Income	412 000	218 000	57 000	26 000
Financial Costs	773 000	866 000	2 073 000	2 265 000
Financial Balance	−361 000	−648 000	−2 016 000	−2 239 000
Dividends	0	0	0	0
Net Income	30 063 000	45 179 000	40 321 000	39 380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 493 000	1 416 000	5 306 000	1 032 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	953 000	923 000	569 000	894 000
Fixtures	1 062 000	415 000	570 000	1 101 000
Total Tangible Assets	2 015 000	1 338 000	1 140 000	1 995 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 508 000	2 754 000	6 446 000	3 027 000
Stock	257 717 000	258 558 000	326 005 000	308 684 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	582 983 000	439 536 000	493 868 000	480 913 000
Total Assets	592 491 000	442 290 000	500 313 000	483 940 000
Total Equity	258 352 000	228 289 000	183 109 000	142 788 000
Short-Term Group Debt	0	0	0	105 920 000
Total Long-Term Debt	345 000	450 000	50 405 000	50 362 000
Creditors	116 261 000	77 415 000	100 690 000	0
Unpaid Taxes	63 144 000	61 454 000	64 970 000	64 250 000
Dividends	0	0	0	0
Other Current Debt	139 701 000	65 646 000	85 159 000	109 795 000
Total Current Debt	333 794 000	213 552 000	266 799 000	290 790 000
Total Equity and Debt	592 491 000	442 290 000	500 313 000	483 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,64 %	19,79 %	22,02 %	27,58 %
Debt-to-Equity Ratio	0	0	0,28	0,35
Operating Profit Margin	3,14 %	4,13 %	3,72 %	3,89 %
Current Ratio	1,75	2,06	1,85	1,65
Quick Ratio	7,66	−9,77	−8,34	−26,88
Equity Ratio	0,44	0,52	0,37	0,3
Gross Profit Margin	29,89 %	25,37 %	24,58 %	26,42 %