HUAWEI TECHNOLOGIES NORWAY AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

44,82 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	642 867 000	748 528 000	1 097 105 000	1 341 233 000
Net Income	26 164 000	8 888 000	37 270 000	34 489 000
Total Assets	319 266 000	510 042 000	747 969 000	736 671 000
Total Equity	58 380 000	95 054 000	120 368 000	262 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	642 867 000	748 528 000	1 097 105 000	1 341 233 000
Expenditure	618 527 000	727 788 000	1 063 621 000	1 288 754 000
Operating Profit	24 340 000	20 741 000	33 485 000	52 480 000
Financial Income	10 943 000	12 000	17 281 000	2 664 000
Financial Costs	1 195 000	8 943 000	2 701 000	10 368 000
Financial Balance	9 748 000	−8 931 000	14 580 000	−7 704 000
Earnings Before Tax	34 087 000	11 810 000	48 065 000	44 777 000
Tax	7 924 000	2 922 000	10 795 000	10 288 000
Net Income	26 164 000	8 888 000	37 270 000	34 489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 667 000	47 722 000	55 894 000	59 280 000
Total Current Assets	276 600 000	462 320 000	692 075 000	677 391 000
Total Assets	319 266 000	510 042 000	747 969 000	736 671 000
Total Retained Equity	56 930 000	93 604 000	118 918 000	261 202 000
Total Equity	58 380 000	95 054 000	120 368 000	262 652 000
Total Long-Term Debt	10 716 000	8 948 000	17 430 000	27 821 000
Total Current Debt	250 171 000	406 041 000	610 171 000	446 198 000
Total Equity and Debt	319 266 000	510 042 000	747 969 000	736 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	642 867 000	748 528 000	1 097 105 000	1 341 233 000
Other Income	0	0	0	0
Revenue	642 867 000	748 528 000	1 097 105 000	1 341 233 000
Cost of Goods Sold	249 699 000	446 259 000	754 118 000	984 282 000
Salary Costs	204 605 000	243 235 000	231 784 000	224 166 000
Depreciation	8 684 000	10 436 000	7 727 000	7 078 000
Impairment	0	0	0	0
Expenditure	618 527 000	727 788 000	1 063 621 000	1 288 754 000
Operating Profit	24 340 000	20 741 000	33 485 000	52 480 000
Financial Income	10 943 000	12 000	17 281 000	2 664 000
Financial Costs	1 195 000	8 943 000	2 701 000	10 368 000
Financial Balance	9 748 000	−8 931 000	14 580 000	−7 704 000
Dividends	0	0	0	0
Net Income	26 164 000	8 888 000	37 270 000	34 489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 460 000	29 384 000	32 306 000	36 861 000
Real Eastate	13 261 000	9 194 000	11 357 000	15 576 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 470 000	7 874 000	11 465 000	6 159 000
Total Tangible Assets	20 731 000	17 068 000	22 822 000	21 735 000
Total Fiancial Fixed Assets	475 000	1 271 000	766 000	684 000
Total Fixed Assets	42 667 000	47 722 000	55 894 000	59 280 000
Stock	16 040 000	22 899 000	49 189 000	46 708 000
Total Investments	0	0	0	0
Cash, Bank	117 691 000	268 935 000	514 881 000	417 177 000
Total Current Assets	276 600 000	462 320 000	692 075 000	677 391 000
Total Assets	319 266 000	510 042 000	747 969 000	736 671 000
Total Equity	58 380 000	95 054 000	120 368 000	262 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 716 000	8 948 000	17 430 000	27 821 000
Creditors	0	0	0	0
Unpaid Taxes	15 208 000	33 544 000	38 253 000	50 855 000
Dividends	0	0	0	0
Other Current Debt	234 963 000	372 497 000	565 678 000	379 744 000
Total Current Debt	250 171 000	406 041 000	610 171 000	446 198 000
Total Equity and Debt	319 266 000	510 042 000	747 969 000	736 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,82 %	9,35 %	30,96 %	13,13 %
Debt-to-Equity Ratio	0,18	0,09	0,14	0,11
Operating Profit Margin	3,79 %	2,77 %	3,05 %	3,91 %
Current Ratio	1,11	1,14	1,13	1,52
Quick Ratio	1,18	1,21	1,23	1,7
Equity Ratio	0,18	0,19	0,16	0,36
Gross Profit Margin	61,16 %	40,38 %	31,26 %	26,61 %