TIETOEVRY NORWAY AS

1360 FORNEBU

Finances

Return on Equity

7,44 %

Current Ratio

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 489 585 000	8 991 752 000	7 575 190 000	7 396 407 000
Net Income	350 423 000	381 884 000	−565 538 000	94 303 000
Total Assets	8 954 590 000	8 701 070 000	8 091 048 000	8 538 524 000
Total Equity	4 708 378 000	4 108 224 000	3 358 816 000	3 769 051 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 489 585 000	8 991 752 000	7 575 190 000	7 396 407 000
Expenditure	9 092 449 000	8 666 351 000	8 379 294 000	7 332 498 000
Operating Profit	397 136 000	325 401 000	−804 104 000	63 909 000
Financial Income	197 169 000	253 562 000	211 380 000	227 440 000
Financial Costs	140 856 000	109 063 000	128 419 000	173 052 000
Financial Balance	56 313 000	144 499 000	82 961 000	54 388 000
Earnings Before Tax	453 449 000	469 900 000	−721 143 000	118 297 000
Tax	103 026 000	88 016 000	−155 605 000	23 994 000
Net Income	350 423 000	381 884 000	−565 538 000	94 303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 821 322 000	6 141 049 000	5 986 826 000	6 040 888 000
Total Current Assets	3 133 268 000	2 560 021 000	2 104 222 000	2 497 636 000
Total Assets	8 954 590 000	8 701 070 000	8 091 048 000	8 538 524 000
Total Retained Equity	3 577 080 000	2 976 926 000	2 227 518 000	2 637 753 000
Total Equity	4 708 378 000	4 108 224 000	3 358 816 000	3 769 051 000
Total Long-Term Debt	1 111 237 000	1 335 761 000	1 416 955 000	2 321 050 000
Total Current Debt	3 134 975 000	3 257 085 000	3 315 277 000	2 448 421 000
Total Equity and Debt	8 954 590 000	8 701 070 000	8 091 048 000	8 538 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 829 834 000	8 568 800 000	7 556 244 000	7 371 677 000
Other Income	659 751 000	422 952 000	18 946 000	24 730 000
Revenue	9 489 585 000	8 991 752 000	7 575 190 000	7 396 407 000
Cost of Goods Sold	4 632 398 000	4 251 495 000	4 451 656 000	3 248 948 000
Salary Costs	3 163 068 000	3 373 377 000	3 132 575 000	3 169 489 000
Depreciation	259 394 000	271 701 000	239 271 000	250 688 000
Impairment	0	22 213 000	225 778 000	22 188 000
Expenditure	9 092 449 000	8 666 351 000	8 379 294 000	7 332 498 000
Operating Profit	397 136 000	325 401 000	−804 104 000	63 909 000
Financial Income	197 169 000	253 562 000	211 380 000	227 440 000
Financial Costs	140 856 000	109 063 000	128 419 000	173 052 000
Financial Balance	56 313 000	144 499 000	82 961 000	54 388 000
Dividends	0	0	0	0
Net Income	350 423 000	381 884 000	−565 538 000	94 303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 625 175 000	2 625 175 000	2 625 175 000	2 670 875 000
Total Intangible Assets	4 304 317 000	4 358 939 000	4 119 766 000	3 939 193 000
Real Eastate	587 945 000	0	13 713 000	16 179 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	147 643 000	895 514 000	979 656 000	1 177 055 000
Total Tangible Assets	735 588 000	895 514 000	993 369 000	1 193 234 000
Total Fiancial Fixed Assets	781 417 000	886 596 000	873 691 000	908 461 000
Total Fixed Assets	5 821 322 000	6 141 049 000	5 986 826 000	6 040 888 000
Stock	50 000	35 000	0	4 105 000
Total Investments	0	0	0	0
Cash, Bank	45 902 000	53 954 000	556 780 000	535 413 000
Total Current Assets	3 133 268 000	2 560 021 000	2 104 222 000	2 497 636 000
Total Assets	8 954 590 000	8 701 070 000	8 091 048 000	8 538 524 000
Total Equity	4 708 378 000	4 108 224 000	3 358 816 000	3 769 051 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 111 237 000	1 335 761 000	1 416 955 000	2 321 050 000
Creditors	998 229 000	1 104 246 000	869 692 000	609 735 000
Unpaid Taxes	288 153 000	275 662 000	271 874 000	281 541 000
Dividends	0	0	0	0
Other Current Debt	1 848 593 000	1 877 177 000	2 173 711 000	1 557 145 000
Total Current Debt	3 134 975 000	3 257 085 000	3 315 277 000	2 448 421 000
Total Equity and Debt	8 954 590 000	8 701 070 000	8 091 048 000	8 538 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,44 %	9,3 %	−16,84 %	2,5 %
Debt-to-Equity Ratio	0,24	0,33	0,42	0,62
Operating Profit Margin	4,18 %	3,62 %	−10,61 %	0,86 %
Current Ratio	1	0,79	0,63	1,02
Quick Ratio	1	0,79	0,63	1,02
Equity Ratio	0,53	0,47	0,42	0,44
Gross Profit Margin	51,18 %	52,72 %	41,23 %	56,07 %