NOKIA SOLUTIONS AND NETWORKS NORGE AS

1364 FORNEBU

Finances

Return on Equity

35,28 %

Current Ratio

2,17

Debt-to-Equity Ratio

2,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	338 581 000	273 521 000	322 530 000	405 031 000
Net Income	17 691 000	13 864 000	15 496 000	23 393 000
Total Assets	312 123 000	259 426 000	270 659 000	274 604 000
Total Equity	50 142 000	37 322 000	29 381 000	33 670 000

Income (NOK)	2022	2021	2020	2019
Revenue	338 581 000	273 521 000	322 530 000	405 031 000
Expenditure	327 944 000	259 708 000	312 191 000	382 422 000
Operating Profit	10 637 000	13 813 000	10 338 000	22 609 000
Financial Income	7 167 000	454 000	924 000	2 051 000
Financial Costs	113 000	403 000	119 000	1 204 000
Financial Balance	7 054 000	51 000	805 000	847 000
Earnings Before Tax	17 691 000	13 864 000	15 496 000	23 563 000
Tax	0	0	0	170 000
Net Income	17 691 000	13 864 000	15 496 000	23 393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 026 000	11 459 000	12 941 000	14 773 000
Total Current Assets	302 097 000	247 967 000	257 718 000	259 831 000
Total Assets	312 123 000	259 426 000	270 659 000	274 604 000
Total Retained Equity	32 097 000	19 277 000	11 336 000	15 625 000
Total Equity	50 142 000	37 322 000	29 381 000	33 670 000
Total Long-Term Debt	122 476 000	133 142 000	147 930 000	130 649 000
Total Current Debt	139 505 000	88 962 000	93 349 000	110 285 000
Total Equity and Debt	312 123 000	259 426 000	270 659 000	274 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	338 581 000	273 521 000	322 530 000	405 031 000
Other Income	0	0	0	0
Revenue	338 581 000	273 521 000	322 530 000	405 031 000
Cost of Goods Sold	227 018 000	149 387 000	190 409 000	260 654 000
Salary Costs	91 153 000	94 365 000	94 883 000	97 695 000
Depreciation	53 000	24 000	5 000	20 000
Impairment	0	0	0	0
Expenditure	327 944 000	259 708 000	312 191 000	382 422 000
Operating Profit	10 637 000	13 813 000	10 338 000	22 609 000
Financial Income	7 167 000	454 000	924 000	2 051 000
Financial Costs	113 000	403 000	119 000	1 204 000
Financial Balance	7 054 000	51 000	805 000	847 000
Dividends	15 000 000	20 000 000	3 000 000	24 000 000
Net Income	17 691 000	13 864 000	15 496 000	23 393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 326 000	9 326 000	9 326 000	9 326 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	5 000
Fixtures	189 000	242 000	0	0
Total Tangible Assets	189 000	242 000	0	5 000
Total Fiancial Fixed Assets	511 000	1 891 000	3 614 000	5 442 000
Total Fixed Assets	10 026 000	11 459 000	12 941 000	14 773 000
Stock	9 653 000	11 782 000	12 581 000	6 636 000
Total Investments	0	0	0	0
Cash, Bank	1 045 000	2 654 000	1 656 000	2 628 000
Total Current Assets	302 097 000	247 967 000	257 718 000	259 831 000
Total Assets	312 123 000	259 426 000	270 659 000	274 604 000
Total Equity	50 142 000	37 322 000	29 381 000	33 670 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	122 476 000	133 142 000	147 930 000	130 649 000
Creditors	70 629 000	27 779 000	41 221 000	34 234 000
Unpaid Taxes	27 110 000	14 573 000	19 151 000	26 912 000
Dividends	15 000 000	20 000 000	3 000 000	24 000 000
Other Current Debt	26 766 000	26 610 000	29 976 000	2 216 000
Total Current Debt	139 505 000	88 962 000	93 349 000	110 285 000
Total Equity and Debt	312 123 000	259 426 000	270 659 000	274 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,28 %	37,15 %	52,74 %	69,48 %
Debt-to-Equity Ratio	2,44	3,57	5,03	3,88
Operating Profit Margin	3,14 %	5,05 %	3,21 %	5,58 %
Current Ratio	2,17	2,79	2,76	2,36
Quick Ratio	2,33	3,21	3,19	2,51
Equity Ratio	0,16	0,14	0,11	0,12
Gross Profit Margin	32,95 %	45,38 %	40,96 %	35,65 %