COGNIZANT TECHNOLOGY SOLUTIONS NORWAY AS

1366 LYSAKER

Finances

Return on Equity

67,04 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	448 096 000	422 871 000	453 636 000	495 272 000
Net Income	31 630 000	29 543 000	34 363 000	39 236 000
Total Assets	341 881 000	338 727 000	286 494 000	409 949 000
Total Equity	47 179 000	90 548 000	61 006 000	96 643 000

Income (NOK)	2022	2021	2020	2019
Revenue	448 096 000	422 871 000	453 636 000	495 272 000
Expenditure	404 581 000	383 373 000	411 344 000	451 071 000
Operating Profit	43 515 000	39 498 000	42 291 000	44 201 000
Financial Income	0	12 000	2 714 000	6 288 000
Financial Costs	2 795 000	1 494 000	912 000	38 000
Financial Balance	−2 795 000	−1 482 000	1 802 000	6 250 000
Earnings Before Tax	40 720 000	38 016 000	44 094 000	50 450 000
Tax	9 090 000	8 473 000	9 731 000	11 214 000
Net Income	31 630 000	29 543 000	34 363 000	39 236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 429 000	24 824 000	29 869 000	19 245 000
Total Current Assets	322 452 000	313 903 000	256 625 000	390 704 000
Total Assets	341 881 000	338 727 000	286 494 000	409 949 000
Total Retained Equity	47 079 000	90 448 000	60 906 000	96 543 000
Total Equity	47 179 000	90 548 000	61 006 000	96 643 000
Total Long-Term Debt	0	0	0	61 000
Total Current Debt	294 703 000	248 179 000	225 488 000	313 245 000
Total Equity and Debt	341 881 000	338 727 000	286 494 000	409 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	448 096 000	422 871 000	453 636 000	495 272 000
Other Income	0	0	0	0
Revenue	448 096 000	422 871 000	453 636 000	495 272 000
Cost of Goods Sold	0	0	0	0
Salary Costs	229 649 000	220 667 000	181 613 000	157 950 000
Depreciation	8 764 000	9 071 000	9 422 000	5 074 000
Impairment	0	0	0	0
Expenditure	404 581 000	383 373 000	411 344 000	451 071 000
Operating Profit	43 515 000	39 498 000	42 291 000	44 201 000
Financial Income	0	12 000	2 714 000	6 288 000
Financial Costs	2 795 000	1 494 000	912 000	38 000
Financial Balance	−2 795 000	−1 482 000	1 802 000	6 250 000
Dividends	45 000 000	0	70 000 000	0
Net Income	31 630 000	29 543 000	34 363 000	39 236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 255 000	769 000	1 587 000	883 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 863 000	22 867 000	26 319 000	17 055 000
Total Tangible Assets	17 863 000	22 867 000	26 319 000	17 055 000
Total Fiancial Fixed Assets	311 000	1 188 000	1 963 000	1 307 000
Total Fixed Assets	19 429 000	24 824 000	29 869 000	19 245 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 820 000	229 395 000	123 405 000	188 308 000
Total Current Assets	322 452 000	313 903 000	256 625 000	390 704 000
Total Assets	341 881 000	338 727 000	286 494 000	409 949 000
Total Equity	47 179 000	90 548 000	61 006 000	96 643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	61 000
Creditors	6 564 000	5 471 000	4 622 000	138 000
Unpaid Taxes	8 364 000	7 382 000	11 956 000	11 879 000
Dividends	45 000 000	0	70 000 000	0
Other Current Debt	270 171 000	227 671 000	198 476 000	291 191 000
Total Current Debt	294 703 000	248 179 000	225 488 000	313 245 000
Total Equity and Debt	341 881 000	338 727 000	286 494 000	409 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,04 %	32,63 %	56,33 %	40,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,71 %	9,34 %	9,32 %	8,92 %
Current Ratio	1,09	1,26	1,14	1,25
Quick Ratio	1,09	1,26	1,14	1,25
Equity Ratio	0,14	0,27	0,21	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %