CERAGON NETWORKS AS

5258 BLOMSTERDALEN

Finances

Return on Equity

2,08 %

Current Ratio

5,25

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2021	2020	2019	2018
Revenue	33 371 000	55 148 000	62 077 000	102 307 000
Net Income	4 316 000	−5 247 000	−911 000	34 411 000
Total Assets	253 790 000	257 038 000	281 610 000	282 955 000
Total Equity	207 330 000	203 014 000	208 261 000	209 173 000

Income (NOK)	2021	2020	2019	2018
Revenue	33 371 000	55 148 000	62 077 000	102 307 000
Expenditure	32 538 000	53 708 000	60 723 000	100 790 000
Operating Profit	833 000	1 440 000	1 354 000	1 517 000
Financial Income	3 771 000	1 134 000	445 000	34 969 000
Financial Costs	217 000	7 814 000	2 703 000	249 000
Financial Balance	3 554 000	−6 680 000	−2 258 000	34 720 000
Earnings Before Tax	4 387 000	−5 240 000	−904 000	36 237 000
Tax	71 000	7 000	7 000	1 826 000
Net Income	4 316 000	−5 247 000	−911 000	34 411 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	118 526 000	123 605 000	75 798 000	76 653 000
Total Current Assets	135 264 000	133 433 000	205 812 000	206 302 000
Total Assets	253 790 000	257 038 000	281 610 000	282 955 000
Total Retained Equity	−259 442 000	−263 758 000	−258 511 000	−257 599 000
Total Equity	207 330 000	203 014 000	208 261 000	209 173 000
Total Long-Term Debt	20 707 000	21 424 000	20 823 000	18 914 000
Total Current Debt	25 753 000	32 600 000	52 526 000	54 868 000
Total Equity and Debt	253 790 000	257 038 000	281 610 000	282 955 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	33 371 000	55 148 000	62 077 000	102 307 000
Other Income	0	0	0	0
Revenue	33 371 000	55 148 000	62 077 000	102 307 000
Cost of Goods Sold	29 286 000	16 653 000	14 109 000	83 490 000
Salary Costs	22 874 000	20 648 000	20 613 000	30 430 000
Depreciation	419 000	327 000	265 000	296 000
Impairment	0	0	0	0
Expenditure	32 538 000	53 708 000	60 723 000	100 790 000
Operating Profit	833 000	1 440 000	1 354 000	1 517 000
Financial Income	3 771 000	1 134 000	445 000	34 969 000
Financial Costs	217 000	7 814 000	2 703 000	249 000
Financial Balance	3 554 000	−6 680 000	−2 258 000	34 720 000
Dividends	0	0	0	0
Net Income	4 316 000	−5 247 000	−911 000	34 411 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 637 000	1 281 000	905 000	310 000
Fixtures	0	0	0	0
Total Tangible Assets	1 637 000	1 281 000	905 000	310 000
Total Fiancial Fixed Assets	116 889 000	122 324 000	74 893 000	76 343 000
Total Fixed Assets	118 526 000	123 605 000	75 798 000	76 653 000
Stock	2 358 000	3 289 000	2 056 000	2 738 000
Total Investments	0	0	0	0
Cash, Bank	7 732 000	8 755 000	10 857 000	10 573 000
Total Current Assets	135 264 000	133 433 000	205 812 000	206 302 000
Total Assets	253 790 000	257 038 000	281 610 000	282 955 000
Total Equity	207 330 000	203 014 000	208 261 000	209 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 707 000	21 424 000	20 823 000	18 914 000
Creditors	14 456 000	24 463 000	46 657 000	40 274 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 297 000	8 137 000	5 869 000	14 594 000
Total Current Debt	25 753 000	32 600 000	52 526 000	54 868 000
Total Equity and Debt	253 790 000	257 038 000	281 610 000	282 955 000

Financial indicators	2021	2020	2019	2018
Return on Equity	2,08 %	−2,58 %	−0,44 %	16,45 %
Debt-to-Equity Ratio	0,1	0,11	0,1	0,09
Operating Profit Margin	2,5 %	2,61 %	2,18 %	1,48 %
Current Ratio	5,25	4,09	3,92	3,76
Quick Ratio	5,78	4,55	4,08	3,96
Equity Ratio	0,82	0,79	0,74	0,74
Gross Profit Margin	12,24 %	69,8 %	77,27 %	18,39 %