NOVA OF NORWAY AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

15,08 %

Current Ratio

2,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 035 000	7 001 000	5 543 000	5 902 000
Net Income	907 000	1 212 000	667 000	453 000
Total Assets	7 144 000	6 659 000	5 103 000	4 545 000
Total Equity	6 013 000	5 106 000	3 895 000	3 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 035 000	7 001 000	5 543 000	5 902 000
Expenditure	6 067 000	5 262 000	4 692 000	5 318 000
Operating Profit	968 000	1 740 000	851 000	584 000
Financial Income	209 000	80 000	13 000	12 000
Financial Costs	9 000	203 000	8 000	10 000
Financial Balance	200 000	−123 000	5 000	2 000
Earnings Before Tax	1 169 000	1 617 000	855 000	586 000
Tax	262 000	405 000	188 000	133 000
Net Income	907 000	1 212 000	667 000	453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 287 000	2 625 000	665 000	406 000
Total Current Assets	2 857 000	4 034 000	4 438 000	4 139 000
Total Assets	7 144 000	6 659 000	5 103 000	4 545 000
Total Retained Equity	5 913 000	5 006 000	3 795 000	3 127 000
Total Equity	6 013 000	5 106 000	3 895 000	3 227 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 131 000	1 552 000	1 209 000	1 317 000
Total Equity and Debt	7 144 000	6 659 000	5 103 000	4 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 035 000	6 989 000	5 444 000	5 902 000
Other Income	0	13 000	99 000	0
Revenue	7 035 000	7 001 000	5 543 000	5 902 000
Cost of Goods Sold	3 054 000	3 237 000	2 757 000	2 680 000
Salary Costs	1 971 000	1 039 000	1 021 000	1 669 000
Depreciation	138 000	140 000	140 000	76 000
Impairment	0	0	0	0
Expenditure	6 067 000	5 262 000	4 692 000	5 318 000
Operating Profit	968 000	1 740 000	851 000	584 000
Financial Income	209 000	80 000	13 000	12 000
Financial Costs	9 000	203 000	8 000	10 000
Financial Balance	200 000	−123 000	5 000	2 000
Dividends	0	0	0	0
Net Income	907 000	1 212 000	667 000	453 000

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	187 000	325 000	465 000	206 000
Total Tangible Assets	187 000	325 000	465 000	206 000
Total Fiancial Fixed Assets	4 100 000	2 300 000	200 000	200 000
Total Fixed Assets	4 287 000	2 625 000	665 000	406 000
Stock	884 000	678 000	659 000	670 000
Total Investments	0	0	0	0
Cash, Bank	1 956 000	3 349 000	3 779 000	3 468 000
Total Current Assets	2 857 000	4 034 000	4 438 000	4 139 000
Total Assets	7 144 000	6 659 000	5 103 000	4 545 000
Total Equity	6 013 000	5 106 000	3 895 000	3 227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	122 000	227 000	199 000	367 000
Unpaid Taxes	191 000	146 000	78 000	231 000
Dividends	0	0	0	0
Other Current Debt	555 000	775 000	744 000	587 000
Total Current Debt	1 131 000	1 552 000	1 209 000	1 317 000
Total Equity and Debt	7 144 000	6 659 000	5 103 000	4 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,08 %	23,74 %	17,12 %	14,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,76 %	24,85 %	15,35 %	9,89 %
Current Ratio	2,53	2,6	3,67	3,14
Quick Ratio	11,57	4,62	8,07	6,4
Equity Ratio	0,84	0,77	0,76	0,71
Gross Profit Margin	56,59 %	53,76 %	50,26 %	54,59 %