SteveK.
Before you retire the old Norcold have you given any thought to cleaning the dust bunnies from the condenser coil? Do you know where it is? Is it accessible?
I do this yearly and my full size residential unit runs a lot less when it's clean as it can put the heat into the air (the condenser's job) much easier and quicker.
If the new Nova Kool has the same size of a cabinet as the old Norcold, but has 2 cubic feet more conditioned volume, where do you think Nova Kool got this increase in volume from? Could it be from the insulation's thickness?
Nova Kool lists the current consumption on most of their units as 2.4A or 4.4A, all at 12V. Neither of those compute to 40 Watts.
Nova Kool does not say that their units consume 40 watts, rather they say that most of their refrigerators consume less power than a 40 watt light bulb. If they make mostly the small refers, then they are likely right.
Do any of these small, ouch expensive, 12V refrigerators have a defrost cycle where they run a heating element to melt the ice on the evaporator?