THALES NORWAY AS

0150 OSLO

Finances

Share Ownership

Return on Equity

15,9 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	624 662 000	624 919 000	553 050 000	507 321 000
Net Income	67 139 000	58 626 000	64 747 000	51 483 000
Total Assets	1 072 337 000	895 859 000	609 873 000	526 129 000
Total Equity	422 297 000	355 158 000	315 536 000	249 838 000

Income (NOK)	2022	2021	2020	2019
Revenue	624 662 000	624 919 000	553 050 000	507 321 000
Expenditure	522 183 000	532 840 000	478 132 000	434 554 000
Operating Profit	87 390 000	83 416 000	72 759 000	65 301 000
Financial Income	6 965 000	4 089 000	10 437 000	3 779 000
Financial Costs	8 080 000	12 201 000	1 215 000	2 911 000
Financial Balance	−1 115 000	−8 112 000	9 222 000	868 000
Earnings Before Tax	86 276 000	75 304 000	81 981 000	66 169 000
Tax	19 137 000	16 678 000	17 234 000	14 685 000
Net Income	67 139 000	58 626 000	64 747 000	51 483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	337 544 000	366 463 000	82 652 000	107 391 000
Total Current Assets	734 792 000	529 396 000	527 221 000	418 738 000
Total Assets	1 072 337 000	895 859 000	609 873 000	526 129 000
Total Retained Equity	360 975 000	293 836 000	254 214 000	188 516 000
Total Equity	422 297 000	355 158 000	315 536 000	249 838 000
Total Long-Term Debt	264 809 000	282 147 000	29 312 000	47 450 000
Total Current Debt	385 230 000	258 554 000	265 024 000	228 841 000
Total Equity and Debt	1 072 337 000	895 859 000	609 873 000	526 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	613 866 000	619 109 000	544 863 000	501 530 000
Other Income	10 795 000	5 810 000	8 187 000	5 790 000
Revenue	624 662 000	624 919 000	553 050 000	507 321 000
Cost of Goods Sold	104 191 000	99 123 000	120 097 000	109 055 000
Salary Costs	300 028 000	299 171 000	279 928 000	252 697 000
Depreciation	60 324 000	61 431 000	13 929 000	28 646 000
Impairment	0	0	0	0
Expenditure	522 183 000	532 840 000	478 132 000	434 554 000
Operating Profit	87 390 000	83 416 000	72 759 000	65 301 000
Financial Income	6 965 000	4 089 000	10 437 000	3 779 000
Financial Costs	8 080 000	12 201 000	1 215 000	2 911 000
Financial Balance	−1 115 000	−8 112 000	9 222 000	868 000
Dividends	0	0	0	0
Net Income	67 139 000	58 626 000	64 747 000	51 483 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 257 000	18 583 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	337 544 000	366 463 000	75 395 000	86 580 000
Total Tangible Assets	337 544 000	366 463 000	75 395 000	86 580 000
Total Fiancial Fixed Assets	0	0	0	2 228 000
Total Fixed Assets	337 544 000	366 463 000	82 652 000	107 391 000
Stock	175 898 000	121 722 000	119 258 000	84 577 000
Total Investments	0	0	0	0
Cash, Bank	402 598 000	350 656 000	307 551 000	262 187 000
Total Current Assets	734 792 000	529 396 000	527 221 000	418 738 000
Total Assets	1 072 337 000	895 859 000	609 873 000	526 129 000
Total Equity	422 297 000	355 158 000	315 536 000	249 838 000
Short-Term Group Debt	63 289 000	43 938 000	9 540 000	24 149 000
Total Long-Term Debt	264 809 000	282 147 000	29 312 000	47 450 000
Creditors	65 505 000	42 340 000	79 731 000	54 825 000
Unpaid Taxes	25 706 000	6 832 000	12 039 000	22 461 000
Dividends	0	0	0	0
Other Current Debt	208 664 000	160 300 000	157 537 000	127 406 000
Total Current Debt	385 230 000	258 554 000	265 024 000	228 841 000
Total Equity and Debt	1 072 337 000	895 859 000	609 873 000	526 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,9 %	16,51 %	20,52 %	20,61 %
Debt-to-Equity Ratio	0,63	0,79	0,09	0,19
Operating Profit Margin	13,99 %	13,35 %	13,16 %	12,87 %
Current Ratio	1,91	2,05	1,99	1,83
Quick Ratio	3,51	3,87	3,62	2,9
Equity Ratio	0,39	0,4	0,52	0,47
Gross Profit Margin	83,32 %	84,14 %	78,28 %	78,5 %