NOVA ELEKTRO AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

42,26 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 886 000	10 182 000	8 409 000	10 450 000
Net Income	382 000	161 000	39 000	483 000
Total Assets	2 645 000	2 823 000	2 414 000	3 394 000
Total Equity	904 000	922 000	961 000	1 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 886 000	10 182 000	8 409 000	10 450 000
Expenditure	8 373 000	9 976 000	8 343 000	9 924 000
Operating Profit	514 000	206 000	65 000	527 000
Financial Income	1 000	0	1 000	0
Financial Costs	7 000	6 000	1 000	3 000
Financial Balance	−6 000	−6 000	0	−3 000
Earnings Before Tax	509 000	200 000	65 000	524 000
Tax	127 000	39 000	26 000	42 000
Net Income	382 000	161 000	39 000	483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	333 000	279 000	414 000	346 000
Total Current Assets	2 312 000	2 544 000	2 000 000	3 047 000
Total Assets	2 645 000	2 823 000	2 414 000	3 394 000
Total Retained Equity	504 000	522 000	561 000	772 000
Total Equity	904 000	922 000	961 000	1 172 000
Total Long-Term Debt	0	1 000	0	11 000
Total Current Debt	1 741 000	1 900 000	1 452 000	2 211 000
Total Equity and Debt	2 645 000	2 823 000	2 414 000	3 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 885 000	10 179 000	8 287 000	10 564 000
Other Income	0	3 000	122 000	−114 000
Revenue	8 886 000	10 182 000	8 409 000	10 450 000
Cost of Goods Sold	3 280 000	3 957 000	3 089 000	3 885 000
Salary Costs	3 886 000	4 856 000	3 834 000	4 437 000
Depreciation	119 000	122 000	117 000	87 000
Impairment	0	0	0	0
Expenditure	8 373 000	9 976 000	8 343 000	9 924 000
Operating Profit	514 000	206 000	65 000	527 000
Financial Income	1 000	0	1 000	0
Financial Costs	7 000	6 000	1 000	3 000
Financial Balance	−6 000	−6 000	0	−3 000
Dividends	400 000	200 000	250 000	0
Net Income	382 000	161 000	39 000	483 000

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	310 000	247 000	369 000	346 000
Total Tangible Assets	310 000	247 000	369 000	346 000
Total Fiancial Fixed Assets	23 000	32 000	45 000	0
Total Fixed Assets	333 000	279 000	414 000	346 000
Stock	94 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 309 000	1 140 000	1 103 000	1 212 000
Total Current Assets	2 312 000	2 544 000	2 000 000	3 047 000
Total Assets	2 645 000	2 823 000	2 414 000	3 394 000
Total Equity	904 000	922 000	961 000	1 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	11 000
Creditors	194 000	510 000	460 000	500 000
Unpaid Taxes	538 000	678 000	431 000	748 000
Dividends	400 000	200 000	250 000	0
Other Current Debt	481 000	475 000	524 000	933 000
Total Current Debt	1 741 000	1 900 000	1 452 000	2 211 000
Total Equity and Debt	2 645 000	2 823 000	2 414 000	3 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,26 %	17,46 %	4,06 %	41,21 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	5,78 %	2,02 %	0,77 %	5,04 %
Current Ratio	1,33	1,34	1,38	1,38
Quick Ratio	1,4	1,34	1,38	1,38
Equity Ratio	0,34	0,33	0,4	0,35
Gross Profit Margin	63,09 %	61,14 %	63,27 %	62,82 %