NOVELDA AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

−48,9 %

Current Ratio

8,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 951 000	38 283 000	18 279 000	17 428 000
Net Income	−142 564 000	−137 182 000	−93 034 000	−66 602 000
Total Assets	326 416 000	469 884 000	188 009 000	95 480 000
Total Equity	291 548 000	430 078 000	163 985 000	85 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 951 000	38 283 000	18 279 000	17 428 000
Expenditure	169 964 000	174 584 000	111 379 000	85 269 000
Operating Profit	−147 014 000	−136 301 000	−93 100 000	−67 841 000
Financial Income	6 644 000	1 688 000	1 414 000	1 774 000
Financial Costs	2 200 000	2 291 000	1 251 000	535 000
Financial Balance	4 444 000	−603 000	163 000	1 239 000
Earnings Before Tax	−142 569 000	−136 904 000	−92 937 000	−66 602 000
Tax	−5 000	278 000	97 000	0
Net Income	−142 564 000	−137 182 000	−93 034 000	−66 602 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 502 000	17 218 000	14 178 000	14 086 000
Total Current Assets	304 914 000	452 666 000	173 830 000	81 394 000
Total Assets	326 416 000	469 884 000	188 009 000	95 480 000
Total Retained Equity	0	0	0	0
Total Equity	291 548 000	430 078 000	163 985 000	85 384 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 869 000	39 806 000	24 023 000	10 096 000
Total Equity and Debt	326 416 000	469 884 000	188 009 000	95 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 348 000	27 467 000	18 169 000	13 511 000
Other Income	2 603 000	10 816 000	109 000	3 918 000
Revenue	22 951 000	38 283 000	18 279 000	17 428 000
Cost of Goods Sold	14 525 000	17 751 000	9 031 000	8 546 000
Salary Costs	98 148 000	75 778 000	53 718 000	36 878 000
Depreciation	4 679 000	4 452 000	4 587 000	4 684 000
Impairment	0	0	0	0
Expenditure	169 964 000	174 584 000	111 379 000	85 269 000
Operating Profit	−147 014 000	−136 301 000	−93 100 000	−67 841 000
Financial Income	6 644 000	1 688 000	1 414 000	1 774 000
Financial Costs	2 200 000	2 291 000	1 251 000	535 000
Financial Balance	4 444 000	−603 000	163 000	1 239 000
Dividends	0	0	0	0
Net Income	−142 564 000	−137 182 000	−93 034 000	−66 602 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 033 000	3 102 000	6 312 000	5 121 000
Real Eastate	465 000	458 000	516 000	415 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 392 000	12 046 000	7 170 000	7 716 000
Total Tangible Assets	12 856 000	12 504 000	7 686 000	8 131 000
Total Fiancial Fixed Assets	1 613 000	1 612 000	181 000	834 000
Total Fixed Assets	21 502 000	17 218 000	14 178 000	14 086 000
Stock	13 647 000	8 990 000	4 995 000	8 365 000
Total Investments	0	0	0	0
Cash, Bank	269 622 000	423 939 000	154 371 000	59 901 000
Total Current Assets	304 914 000	452 666 000	173 830 000	81 394 000
Total Assets	326 416 000	469 884 000	188 009 000	95 480 000
Total Equity	291 548 000	430 078 000	163 985 000	85 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 022 000	22 261 000	8 795 000	3 100 000
Unpaid Taxes	6 444 000	5 551 000	3 804 000	2 843 000
Dividends	0	0	0	0
Other Current Debt	14 402 000	11 746 000	11 424 000	4 153 000
Total Current Debt	34 869 000	39 806 000	24 023 000	10 096 000
Total Equity and Debt	326 416 000	469 884 000	188 009 000	95 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,9 %	−31,9 %	−56,73 %	−78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−640,56 %	−356,04 %	−509,33 %	−389,26 %
Current Ratio	8,74	11,37	7,24	8,06
Quick Ratio	14,37	14,69	9,14	47,02
Equity Ratio	0,89	0,92	0,87	0,89
Gross Profit Margin	36,71 %	53,63 %	50,59 %	50,96 %