HCL TECHNOLOGIES NORWAY AS

0191 OSLO

Finances

Share Ownership

Return on Equity

17,6 %

Current Ratio

2,72

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2023	2022	2021	2020
Revenue	555 383 000	488 629 000	482 251 000	1 254 612 000
Net Income	57 079 000	24 535 000	−580 000	75 672 000
Total Assets	500 902 000	437 533 000	393 282 000	476 863 000
Total Equity	324 273 000	267 194 000	242 659 000	243 240 000

Income (NOK)	2023	2022	2021	2020
Revenue	555 383 000	488 629 000	482 251 000	1 254 612 000
Expenditure	528 459 000	455 792 000	453 092 000	1 180 157 000
Operating Profit	26 924 000	32 838 000	29 160 000	74 455 000
Financial Income	47 237 000	2 829 000	2 314 000	23 171 000
Financial Costs	9 000	4 272 000	32 216 000	601 000
Financial Balance	47 228 000	−1 443 000	−29 902 000	22 570 000
Earnings Before Tax	74 152 000	31 395 000	−741 000	97 024 000
Tax	17 074 000	6 860 000	−161 000	21 352 000
Net Income	57 079 000	24 535 000	−580 000	75 672 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	28 335 000	28 766 000	39 645 000	38 463 000
Total Current Assets	472 567 000	408 767 000	353 637 000	438 400 000
Total Assets	500 902 000	437 533 000	393 282 000	476 863 000
Total Retained Equity	309 547 000	252 468 000	0	228 514 000
Total Equity	324 273 000	267 194 000	242 659 000	243 240 000
Total Long-Term Debt	2 720 000	1 475 000	85 000	1 000
Total Current Debt	173 909 000	168 863 000	150 538 000	233 622 000
Total Equity and Debt	500 902 000	437 533 000	393 282 000	476 863 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	555 383 000	488 629 000	482 251 000	1 254 612 000
Other Income	0	0	0	0
Revenue	555 383 000	488 629 000	482 251 000	1 254 612 000
Cost of Goods Sold	1 718 000	−160 000	1 602 000	32 096 000
Salary Costs	160 644 000	103 060 000	119 623 000	134 262 000
Depreciation	12 526 000	8 734 000	8 577 000	7 283 000
Impairment	0	0	0	0
Expenditure	528 459 000	455 792 000	453 092 000	1 180 157 000
Operating Profit	26 924 000	32 838 000	29 160 000	74 455 000
Financial Income	47 237 000	2 829 000	2 314 000	23 171 000
Financial Costs	9 000	4 272 000	32 216 000	601 000
Financial Balance	47 228 000	−1 443 000	−29 902 000	22 570 000
Dividends	0	0	0	0
Net Income	57 079 000	24 535 000	−580 000	75 672 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	1 063 000	1 898 000	1 063 000	1 063 000
Total Intangible Assets	1 785 000	1 898 000	3 884 000	2 354 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	2 000	6 000	73 000
Fixtures	23 178 000	20 215 000	24 275 000	22 396 000
Total Tangible Assets	23 178 000	20 217 000	24 282 000	22 468 000
Total Fiancial Fixed Assets	3 372 000	6 651 000	11 479 000	13 640 000
Total Fixed Assets	28 335 000	28 766 000	39 645 000	38 463 000
Stock	776 000	83 000	0	191 000
Total Investments	0	0	0	0
Cash, Bank	126 267 000	106 183 000	62 037 000	136 565 000
Total Current Assets	472 567 000	408 767 000	353 637 000	438 400 000
Total Assets	500 902 000	437 533 000	393 282 000	476 863 000
Total Equity	324 273 000	267 194 000	242 659 000	243 240 000
Short-Term Group Debt	10 230 000	49 748 000	37 783 000	26 172 000
Total Long-Term Debt	2 720 000	1 475 000	85 000	1 000
Creditors	5 117 000	14 955 000	16 025 000	19 382 000
Unpaid Taxes	34 429 000	21 495 000	15 332 000	14 000 000
Dividends	0	0	0	0
Other Current Debt	103 730 000	75 827 000	64 925 000	88 049 000
Total Current Debt	173 909 000	168 863 000	150 538 000	233 622 000
Total Equity and Debt	500 902 000	437 533 000	393 282 000	476 863 000

Financial indicators	2023	2022	2021	2020
Return on Equity	17,6 %	9,18 %	−0,24 %	31,11 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	4,85 %	6,72 %	6,05 %	5,93 %
Current Ratio	2,72	2,42	2,35	1,88
Quick Ratio	2,73	2,42	2,35	1,88
Equity Ratio	0,65	0,61	0,62	0,51
Gross Profit Margin	99,69 %	100,03 %	99,67 %	97,44 %