COGNIZANT ACCOUNTING SERVICES NORWAY AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

42,95 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 676 000	57 555 000	66 425 000	71 399 000
Net Income	13 304 000	12 064 000	15 430 000	18 897 000
Total Assets	109 067 000	127 129 000	108 572 000	112 848 000
Total Equity	30 973 000	57 668 000	45 604 000	50 168 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 676 000	57 555 000	66 425 000	71 399 000
Expenditure	39 601 000	41 623 000	46 733 000	46 763 000
Operating Profit	17 075 000	15 933 000	19 692 000	24 636 000
Financial Income	2 000	0	0	0
Financial Costs	19 000	466 000	−92 000	401 000
Financial Balance	−17 000	−466 000	92 000	−401 000
Earnings Before Tax	17 058 000	15 467 000	19 783 000	24 235 000
Tax	3 754 000	3 403 000	4 354 000	5 338 000
Net Income	13 304 000	12 064 000	15 430 000	18 897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	51 000	166 000	1 830 000
Total Current Assets	109 065 000	127 079 000	108 406 000	111 018 000
Total Assets	109 067 000	127 129 000	108 572 000	112 848 000
Total Retained Equity	21 270 000	47 965 000	35 901 000	40 466 000
Total Equity	30 973 000	57 668 000	45 604 000	50 168 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	78 095 000	69 461 000	62 968 000	62 680 000
Total Equity and Debt	109 067 000	127 129 000	108 572 000	112 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 676 000	57 555 000	66 425 000	71 399 000
Other Income	0	0	0	0
Revenue	56 676 000	57 555 000	66 425 000	71 399 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	39 601 000	41 623 000	46 733 000	46 763 000
Operating Profit	17 075 000	15 933 000	19 692 000	24 636 000
Financial Income	2 000	0	0	0
Financial Costs	19 000	466 000	−92 000	401 000
Financial Balance	−17 000	−466 000	92 000	−401 000
Dividends	40 000 000	0	20 000 000	0
Net Income	13 304 000	12 064 000	15 430 000	18 897 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	51 000	166 000	1 830 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	51 000	166 000	1 830 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	109 065 000	127 079 000	108 406 000	111 018 000
Total Assets	109 067 000	127 129 000	108 572 000	112 848 000
Total Equity	30 973 000	57 668 000	45 604 000	50 168 000
Short-Term Group Debt	25 550 000	37 331 000	14 000	27 033 000
Total Long-Term Debt	0	0	0	0
Creditors	5 987 000	21 374 000	36 371 000	19 556 000
Unpaid Taxes	1 866 000	6 617 000	3 312 000	2 769 000
Dividends	40 000 000	0	20 000 000	0
Other Current Debt	986 000	852 000	582 000	8 399 000
Total Current Debt	78 095 000	69 461 000	62 968 000	62 680 000
Total Equity and Debt	109 067 000	127 129 000	108 572 000	112 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,95 %	20,92 %	33,83 %	37,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,13 %	27,68 %	29,65 %	34,5 %
Current Ratio	1,4	1,83	1,72	1,77
Quick Ratio	1,4	1,83	1,72	1,77
Equity Ratio	0,28	0,45	0,42	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %