TELENOR SHARED SERVICES AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

−13,28 %

Current Ratio

5,86

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 386 000	325 607 000	325 398 000	344 262 000
Net Income	−89 265 000	6 245 000	44 204 000	40 414 000
Total Assets	814 380 000	882 621 000	854 480 000	803 629 000
Total Equity	672 135 000	742 483 000	701 213 000	633 759 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 386 000	325 607 000	325 398 000	344 262 000
Expenditure	393 517 000	319 440 000	277 792 000	298 511 000
Operating Profit	−100 459 000	8 909 000	52 711 000	51 115 000
Financial Income	15 225 000	4 221 000	4 183 000	5 804 000
Financial Costs	4 468 000	4 069 000	2 158 000	5 315 000
Financial Balance	10 757 000	152 000	2 025 000	489 000
Earnings Before Tax	−89 701 000	9 061 000	54 736 000	51 604 000
Tax	−436 000	2 816 000	−10 533 000	11 190 000
Net Income	−89 265 000	6 245 000	44 204 000	40 414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 489 000	153 280 000	169 995 000	190 405 000
Total Current Assets	686 891 000	729 341 000	684 485 000	613 224 000
Total Assets	814 380 000	882 621 000	854 480 000	803 629 000
Total Retained Equity	46 135 000	116 483 000	118 147 000	−28 278 000
Total Equity	672 135 000	742 483 000	701 213 000	633 759 000
Total Long-Term Debt	25 030 000	25 608 000	1 524 000	3 956 000
Total Current Debt	117 216 000	114 530 000	152 401 000	165 914 000
Total Equity and Debt	814 380 000	882 621 000	854 480 000	803 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	291 386 000	325 607 000	325 398 000	344 262 000
Revenue	291 386 000	325 607 000	325 398 000	344 262 000
Cost of Goods Sold	0	0	0	0
Salary Costs	74 726 000	61 853 000	49 145 000	37 509 000
Depreciation	37 998 000	48 018 000	38 478 000	46 528 000
Impairment	0	0	0	−1 982 000
Expenditure	393 517 000	319 440 000	277 792 000	298 511 000
Operating Profit	−100 459 000	8 909 000	52 711 000	51 115 000
Financial Income	15 225 000	4 221 000	4 183 000	5 804 000
Financial Costs	4 468 000	4 069 000	2 158 000	5 315 000
Financial Balance	10 757 000	152 000	2 025 000	489 000
Dividends	0	0	0	0
Net Income	−89 265 000	6 245 000	44 204 000	40 414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 975 000	97 431 000	123 689 000	136 380 000
Real Eastate	1 011 000	1 894 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 321 000	2 146 000
Total Tangible Assets	25 539 000	27 508 000	1 893 000	2 146 000
Total Fiancial Fixed Assets	37 975 000	28 341 000	17 815 000	51 879 000
Total Fixed Assets	127 489 000	153 280 000	169 995 000	190 405 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	686 891 000	729 341 000	684 485 000	613 224 000
Total Assets	814 380 000	882 621 000	854 480 000	803 629 000
Total Equity	672 135 000	742 483 000	701 213 000	633 759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 030 000	25 608 000	1 524 000	3 956 000
Creditors	12 849 000	27 593 000	31 174 000	30 575 000
Unpaid Taxes	4 052 000	2 839 000	4 947 000	3 039 000
Dividends	0	0	0	0
Other Current Debt	100 315 000	84 097 000	116 280 000	128 191 000
Total Current Debt	117 216 000	114 530 000	152 401 000	165 914 000
Total Equity and Debt	814 380 000	882 621 000	854 480 000	803 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,28 %	0,84 %	6,3 %	6,38 %
Debt-to-Equity Ratio	0,04	0,03	0	0,01
Operating Profit Margin	−34,48 %	2,74 %	16,2 %	14,85 %
Current Ratio	5,86	6,37	4,49	3,7
Quick Ratio	5,86	6,37	4,49	3,7
Equity Ratio	0,83	0,84	0,82	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %