VERIZON NORWAY AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

10,25 %

Current Ratio

5,72

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	113 582 000	106 750 000	126 749 000	115 013 000
Net Income	18 300 000	2 242 000	11 117 000	7 187 000
Total Assets	214 962 000	210 552 000	218 090 000	183 333 000
Total Equity	178 496 000	160 196 000	157 954 000	146 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	113 582 000	106 750 000	126 749 000	115 013 000
Expenditure	108 390 000	101 884 000	120 187 000	110 092 000
Operating Profit	5 192 000	4 866 000	6 562 000	4 922 000
Financial Income	20 303 000	11 345 000	23 244 000	8 578 000
Financial Costs	7 194 000	13 969 000	18 689 000	6 313 000
Financial Balance	13 109 000	−2 624 000	4 555 000	2 265 000
Earnings Before Tax	18 300 000	2 242 000	11 117 000	7 187 000
Tax	0	0	0	0
Net Income	18 300 000	2 242 000	11 117 000	7 187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 576 000	17 388 000	21 000 000	24 325 000
Total Current Assets	202 386 000	193 164 000	197 089 000	159 008 000
Total Assets	214 962 000	210 552 000	218 090 000	183 333 000
Total Retained Equity	147 110 000	128 810 000	126 568 000	115 451 000
Total Equity	178 496 000	160 196 000	157 954 000	146 837 000
Total Long-Term Debt	1 110 000	1 110 000	1 377 000	1 110 000
Total Current Debt	35 356 000	49 247 000	58 759 000	35 387 000
Total Equity and Debt	214 962 000	210 552 000	218 090 000	183 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	113 582 000	106 750 000	126 749 000	115 013 000
Other Income	0	0	0	0
Revenue	113 582 000	106 750 000	126 749 000	115 013 000
Cost of Goods Sold	38 534 000	42 649 000	44 970 000	45 265 000
Salary Costs	15 450 000	14 431 000	18 080 000	15 525 000
Depreciation	4 113 000	4 358 000	5 378 000	5 614 000
Impairment	0	0	0	0
Expenditure	108 390 000	101 884 000	120 187 000	110 092 000
Operating Profit	5 192 000	4 866 000	6 562 000	4 922 000
Financial Income	20 303 000	11 345 000	23 244 000	8 578 000
Financial Costs	7 194 000	13 969 000	18 689 000	6 313 000
Financial Balance	13 109 000	−2 624 000	4 555 000	2 265 000
Dividends	0	0	0	0
Net Income	18 300 000	2 242 000	11 117 000	7 187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 576 000	17 388 000	21 000 000	24 325 000
Total Tangible Assets	12 576 000	17 388 000	21 000 000	24 325 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 576 000	17 388 000	21 000 000	24 325 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 248 000	2 000	263 000	1 148 000
Total Current Assets	202 386 000	193 164 000	197 089 000	159 008 000
Total Assets	214 962 000	210 552 000	218 090 000	183 333 000
Total Equity	178 496 000	160 196 000	157 954 000	146 837 000
Short-Term Group Debt	8 833 000	22 764 000	32 119 000	19 582 000
Total Long-Term Debt	1 110 000	1 110 000	1 377 000	1 110 000
Creditors	3 558 000	3 002 000	2 711 000	2 053 000
Unpaid Taxes	5 371 000	5 754 000	6 279 000	5 103 000
Dividends	0	0	0	0
Other Current Debt	17 595 000	17 726 000	17 649 000	8 648 000
Total Current Debt	35 356 000	49 247 000	58 759 000	35 387 000
Total Equity and Debt	214 962 000	210 552 000	218 090 000	183 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,25 %	1,4 %	7,04 %	4,89 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	4,57 %	4,56 %	5,18 %	4,28 %
Current Ratio	5,72	3,92	3,35	4,49
Quick Ratio	5,72	3,92	3,35	4,49
Equity Ratio	0,83	0,76	0,72	0,8
Gross Profit Margin	66,07 %	60,05 %	64,52 %	60,64 %