NOVANET AS

0154 OSLO

Finances

Share Ownership

Return on Equity

259,74 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 040 000	63 053 000	55 479 000	52 724 000
Net Income	9 805 000	8 931 000	7 711 000	7 476 000
Total Assets	27 925 000	27 671 000	22 949 000	21 198 000
Total Equity	3 775 000	2 995 000	3 691 000	2 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 040 000	63 053 000	55 479 000	52 724 000
Expenditure	58 671 000	51 632 000	45 632 000	43 258 000
Operating Profit	12 369 000	11 422 000	9 848 000	9 467 000
Financial Income	210 000	31 000	47 000	121 000
Financial Costs	4 000	1 000	6 000	2 000
Financial Balance	206 000	30 000	41 000	119 000
Earnings Before Tax	12 575 000	11 451 000	9 889 000	9 586 000
Tax	2 771 000	2 520 000	2 179 000	2 110 000
Net Income	9 805 000	8 931 000	7 711 000	7 476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	316 000	35 000	55 000
Total Current Assets	27 901 000	27 355 000	22 914 000	21 143 000
Total Assets	27 925 000	27 671 000	22 949 000	21 198 000
Total Retained Equity	3 087 000	2 307 000	3 003 000	2 110 000
Total Equity	3 775 000	2 995 000	3 691 000	2 797 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 150 000	24 675 000	19 257 000	18 402 000
Total Equity and Debt	27 925 000	27 671 000	22 949 000	21 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 040 000	63 053 000	55 479 000	52 724 000
Other Income	0	0	0	0
Revenue	71 040 000	63 053 000	55 479 000	52 724 000
Cost of Goods Sold	10 630 000	5 744 000	7 410 000	6 188 000
Salary Costs	43 061 000	40 133 000	34 690 000	33 435 000
Depreciation	11 000	17 000	20 000	10 000
Impairment	0	0	0	0
Expenditure	58 671 000	51 632 000	45 632 000	43 258 000
Operating Profit	12 369 000	11 422 000	9 848 000	9 467 000
Financial Income	210 000	31 000	47 000	121 000
Financial Costs	4 000	1 000	6 000	2 000
Financial Balance	206 000	30 000	41 000	119 000
Dividends	9 025 000	9 627 000	7 040 000	6 784 000
Net Income	9 805 000	8 931 000	7 711 000	7 476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	306 000	9 000	9 000
Real Eastate	18 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	10 000	26 000	46 000
Total Tangible Assets	18 000	10 000	26 000	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	316 000	35 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 444 000	19 874 000	16 454 000	13 287 000
Total Current Assets	27 901 000	27 355 000	22 914 000	21 143 000
Total Assets	27 925 000	27 671 000	22 949 000	21 198 000
Total Equity	3 775 000	2 995 000	3 691 000	2 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 218 000	873 000	796 000	726 000
Unpaid Taxes	5 830 000	5 973 000	4 770 000	4 606 000
Dividends	9 025 000	9 627 000	7 040 000	6 784 000
Other Current Debt	5 606 000	5 385 000	4 473 000	4 179 000
Total Current Debt	24 150 000	24 675 000	19 257 000	18 402 000
Total Equity and Debt	27 925 000	27 671 000	22 949 000	21 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	259,74 %	298,2 %	208,91 %	267,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,41 %	18,11 %	17,75 %	17,96 %
Current Ratio	1,16	1,11	1,19	1,15
Quick Ratio	1,16	1,11	1,19	1,15
Equity Ratio	0,14	0,11	0,16	0,13
Gross Profit Margin	85,04 %	90,89 %	86,64 %	88,26 %