CYIENT NORWAY AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

44,23 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2023	2021	2020	2019
Revenue	135 764 000	105 861 000	82 911 000	83 755 000
Net Income	20 318 000	14 306 000	8 550 000	6 551 000
Total Assets	85 986 000	57 509 000	50 651 000	39 703 000
Total Equity	45 936 000	25 618 000	11 312 000	22 762 000

Income (NOK)	2023	2021	2020	2019
Revenue	135 764 000	105 861 000	82 911 000	83 755 000
Expenditure	113 825 000	87 221 000	72 638 000	75 813 000
Operating Profit	21 938 000	18 640 000	10 274 000	7 943 000
Financial Income	6 946 000	2 773 000	2 614 000	450 000
Financial Costs	2 830 000	3 070 000	1 927 000	72 000
Financial Balance	4 116 000	−297 000	687 000	378 000
Earnings Before Tax	26 054 000	18 343 000	10 961 000	8 320 000
Tax	5 737 000	4 036 000	2 411 000	1 769 000
Net Income	20 318 000	14 306 000	8 550 000	6 551 000

Balance (NOK)	2023	2021	2020	2019
Total Fixed Assets	555 000	720 000	1 002 000	924 000
Total Current Assets	85 431 000	56 789 000	49 649 000	38 778 000
Total Assets	85 986 000	57 509 000	50 651 000	39 703 000
Total Retained Equity	45 529 000	25 212 000	10 905 000	22 355 000
Total Equity	45 936 000	25 618 000	11 312 000	22 762 000
Total Long-Term Debt	0	0	4 000	0
Total Current Debt	40 050 000	31 891 000	39 335 000	16 941 000
Total Equity and Debt	85 986 000	57 509 000	50 651 000	39 703 000

Cash flow (NOK)	2023	2021	2020	2019
Sales Income	135 318 000	105 041 000	81 853 000	82 572 000
Other Income	446 000	820 000	1 058 000	1 183 000
Revenue	135 764 000	105 861 000	82 911 000	83 755 000
Cost of Goods Sold	51 074 000	37 356 000	23 223 000	26 945 000
Salary Costs	51 365 000	43 098 000	43 503 000	42 169 000
Depreciation	316 000	430 000	−224 000	752 000
Impairment	0	118 000	0	0
Expenditure	113 825 000	87 221 000	72 638 000	75 813 000
Operating Profit	21 938 000	18 640 000	10 274 000	7 943 000
Financial Income	6 946 000	2 773 000	2 614 000	450 000
Financial Costs	2 830 000	3 070 000	1 927 000	72 000
Financial Balance	4 116 000	−297 000	687 000	378 000
Dividends	0	0	20 000 000	0
Net Income	20 318 000	14 306 000	8 550 000	6 551 000

Balance details (NOK)	2023	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	14 000	0	136 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	77 000	135 000	102 000	0
Fixtures	453 000	571 000	648 000	526 000
Total Tangible Assets	530 000	706 000	750 000	526 000
Total Fiancial Fixed Assets	0	0	252 000	262 000
Total Fixed Assets	555 000	720 000	1 002 000	924 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 113 000	1 808 000	1 945 000	1 190 000
Total Current Assets	85 431 000	56 789 000	49 649 000	38 778 000
Total Assets	85 986 000	57 509 000	50 651 000	39 703 000
Total Equity	45 936 000	25 618 000	11 312 000	22 762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 000	0
Creditors	21 696 000	15 085 000	6 339 000	5 051 000
Unpaid Taxes	6 956 000	6 367 000	5 120 000	4 639 000
Dividends	0	0	20 000 000	0
Other Current Debt	7 677 000	6 385 000	5 605 000	5 630 000
Total Current Debt	40 050 000	31 891 000	39 335 000	16 941 000
Total Equity and Debt	85 986 000	57 509 000	50 651 000	39 703 000

Financial indicators	2023	2021	2020	2019
Return on Equity	44,23 %	55,84 %	75,58 %	28,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,16 %	17,61 %	12,39 %	9,48 %
Current Ratio	2,13	1,78	1,26	2,29
Quick Ratio	2,13	1,78	1,26	2,29
Equity Ratio	0,53	0,45	0,22	0,57
Gross Profit Margin	62,38 %	64,71 %	71,99 %	67,83 %