NOVAFORM AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−8,23 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	179 735 000	66 258 000	57 697 000	65 854 000
Net Income	−1 439 000	4 673 000	3 875 000	5 296 000
Total Assets	60 292 000	32 558 000	36 258 000	35 943 000
Total Equity	17 494 000	3 284 000	3 637 000	2 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	179 735 000	66 258 000	57 697 000	65 854 000
Expenditure	180 849 000	60 841 000	52 653 000	59 526 000
Operating Profit	−1 113 000	5 416 000	5 045 000	6 327 000
Financial Income	258 000	837 000	673 000	490 000
Financial Costs	549 000	257 000	762 000	70 000
Financial Balance	−291 000	580 000	−89 000	420 000
Earnings Before Tax	−1 404 000	5 995 000	4 956 000	6 748 000
Tax	35 000	1 322 000	1 081 000	1 452 000
Net Income	−1 439 000	4 673 000	3 875 000	5 296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 281 000	3 407 000	2 954 000	3 507 000
Total Current Assets	37 011 000	29 150 000	33 304 000	32 435 000
Total Assets	60 292 000	32 558 000	36 258 000	35 943 000
Total Retained Equity	−4 049 000	3 184 000	3 537 000	2 062 000
Total Equity	17 494 000	3 284 000	3 637 000	2 162 000
Total Long-Term Debt	1 923 000	503 000	10 500 000	15 469 000
Total Current Debt	40 875 000	28 771 000	22 121 000	18 312 000
Total Equity and Debt	60 292 000	32 558 000	36 258 000	35 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 067 000	65 663 000	57 692 000	65 836 000
Other Income	668 000	595 000	5 000	18 000
Revenue	179 735 000	66 258 000	57 697 000	65 854 000
Cost of Goods Sold	30 331 000	18 457 000	17 160 000	16 703 000
Salary Costs	119 958 000	29 192 000	22 024 000	31 199 000
Depreciation	3 236 000	944 000	899 000	825 000
Impairment	0	0	0	0
Expenditure	180 849 000	60 841 000	52 653 000	59 526 000
Operating Profit	−1 113 000	5 416 000	5 045 000	6 327 000
Financial Income	258 000	837 000	673 000	490 000
Financial Costs	549 000	257 000	762 000	70 000
Financial Balance	−291 000	580 000	−89 000	420 000
Dividends	0	5 027 000	2 400 000	5 381 000
Net Income	−1 439 000	4 673 000	3 875 000	5 296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	13 252 000	788 000	1 181 000	1 575 000
Total Intangible Assets	18 948 000	861 000	1 298 000	1 615 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 119 000	1 530 000	1 641 000	1 832 000
Total Tangible Assets	4 119 000	1 530 000	1 641 000	1 832 000
Total Fiancial Fixed Assets	214 000	1 015 000	15 000	60 000
Total Fixed Assets	23 281 000	3 407 000	2 954 000	3 507 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 498 000	1 519 000	977 000	1 455 000
Total Current Assets	37 011 000	29 150 000	33 304 000	32 435 000
Total Assets	60 292 000	32 558 000	36 258 000	35 943 000
Total Equity	17 494 000	3 284 000	3 637 000	2 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 923 000	503 000	10 500 000	15 469 000
Creditors	9 317 000	4 428 000	3 923 000	4 026 000
Unpaid Taxes	13 623 000	4 272 000	2 669 000	3 242 000
Dividends	0	5 027 000	2 400 000	5 381 000
Other Current Debt	16 859 000	4 452 000	3 188 000	4 172 000
Total Current Debt	40 875 000	28 771 000	22 121 000	18 312 000
Total Equity and Debt	60 292 000	32 558 000	36 258 000	35 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,23 %	142,3 %	106,54 %	244,96 %
Debt-to-Equity Ratio	0,11	0,15	2,89	7,15
Operating Profit Margin	−0,62 %	8,17 %	8,74 %	9,61 %
Current Ratio	0,91	1,01	1,51	1,77
Quick Ratio	0,91	1,01	1,51	1,77
Equity Ratio	0,29	0,1	0,1	0,06
Gross Profit Margin	83,12 %	72,14 %	70,26 %	74,64 %