TIETOEVRY FINANCING AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

11,15 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 644 000	14 592 000	19 188 000	15 967 000
Net Income	1 490 000	3 810 000	3 425 000	3 018 000
Total Assets	76 918 000	193 112 000	59 033 000	117 993 000
Total Equity	13 361 000	13 146 000	12 601 000	13 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 644 000	14 592 000	19 188 000	15 967 000
Expenditure	6 881 000	9 678 000	13 466 000	12 152 000
Operating Profit	1 763 000	4 914 000	5 723 000	3 816 000
Financial Income	422 000	63 000	86 000	93 000
Financial Costs	274 000	93 000	1 416 000	33 000
Financial Balance	148 000	−30 000	−1 330 000	60 000
Earnings Before Tax	1 910 000	4 884 000	4 392 000	3 875 000
Tax	420 000	1 074 000	967 000	858 000
Net Income	1 490 000	3 810 000	3 425 000	3 018 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 000	199 000	352 000	96 000
Total Current Assets	76 780 000	192 913 000	58 681 000	117 897 000
Total Assets	76 918 000	193 112 000	59 033 000	117 993 000
Total Retained Equity	861 000	646 000	101 000	1 012 000
Total Equity	13 361 000	13 146 000	12 601 000	13 512 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	63 557 000	179 966 000	46 432 000	104 481 000
Total Equity and Debt	76 918 000	193 112 000	59 033 000	117 993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 644 000	14 592 000	19 188 000	15 967 000
Other Income	0	0	0	0
Revenue	8 644 000	14 592 000	19 188 000	15 967 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 443 000	6 892 000	8 815 000	9 731 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 881 000	9 678 000	13 466 000	12 152 000
Operating Profit	1 763 000	4 914 000	5 723 000	3 816 000
Financial Income	422 000	63 000	86 000	93 000
Financial Costs	274 000	93 000	1 416 000	33 000
Financial Balance	148 000	−30 000	−1 330 000	60 000
Dividends	0	0	0	0
Net Income	1 490 000	3 810 000	3 425 000	3 018 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	103 000	256 000	0
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	96 000	96 000	96 000	96 000
Total Fixed Assets	138 000	199 000	352 000	96 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 738 000	146 356 000	29 686 000	6 653 000
Total Current Assets	76 780 000	192 913 000	58 681 000	117 897 000
Total Assets	76 918 000	193 112 000	59 033 000	117 993 000
Total Equity	13 361 000	13 146 000	12 601 000	13 512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	49 869 000	174 815 000	36 103 000	72 969 000
Unpaid Taxes	5 100 000	3 079 000	7 499 000	13 797 000
Dividends	0	0	0	0
Other Current Debt	8 587 000	2 072 000	2 830 000	17 714 000
Total Current Debt	63 557 000	179 966 000	46 432 000	104 481 000
Total Equity and Debt	76 918 000	193 112 000	59 033 000	117 993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,15 %	28,98 %	27,18 %	22,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,4 %	33,68 %	29,83 %	23,9 %
Current Ratio	1,21	1,07	1,26	1,13
Quick Ratio	1,21	1,07	1,26	1,13
Equity Ratio	0,17	0,07	0,21	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %