COCHLEAR NORWAY AS

0667 OSLO

Finances

Share Ownership

Return on Equity

19,67 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 836 000	30 414 000	32 228 000	48 420 000
Net Income	1 164 000	668 000	576 000	609 000
Total Assets	18 274 000	19 926 000	19 326 000	21 413 000
Total Equity	5 918 000	4 754 000	4 086 000	3 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 836 000	30 414 000	32 228 000	48 420 000
Expenditure	31 374 000	29 424 000	31 373 000	47 293 000
Operating Profit	1 462 000	990 000	855 000	1 126 000
Financial Income	31 000	7 000	30 000	19 000
Financial Costs	0	1 000	7 000	346 000
Financial Balance	31 000	6 000	23 000	−327 000
Earnings Before Tax	1 492 000	996 000	878 000	798 000
Tax	328 000	328 000	301 000	189 000
Net Income	1 164 000	668 000	576 000	609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	109 000	216 000	271 000
Total Current Assets	18 243 000	19 817 000	19 110 000	21 142 000
Total Assets	18 274 000	19 926 000	19 326 000	21 413 000
Total Retained Equity	4 310 000	3 145 000	2 477 000	1 901 000
Total Equity	5 918 000	4 754 000	4 086 000	3 510 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 355 000	15 172 000	15 240 000	17 903 000
Total Equity and Debt	18 274 000	19 926 000	19 326 000	21 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 836 000	30 414 000	32 228 000	48 420 000
Other Income	0	0	0	0
Revenue	32 836 000	30 414 000	32 228 000	48 420 000
Cost of Goods Sold	22 691 000	20 638 000	22 691 000	38 261 000
Salary Costs	6 795 000	6 270 000	5 737 000	5 940 000
Depreciation	47 000	68 000	67 000	40 000
Impairment	0	0	0	0
Expenditure	31 374 000	29 424 000	31 373 000	47 293 000
Operating Profit	1 462 000	990 000	855 000	1 126 000
Financial Income	31 000	7 000	30 000	19 000
Financial Costs	0	1 000	7 000	346 000
Financial Balance	31 000	6 000	23 000	−327 000
Dividends	0	0	0	0
Net Income	1 164 000	668 000	576 000	609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	59 000	98 000	107 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	50 000	118 000	164 000
Total Tangible Assets	2 000	50 000	118 000	164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	109 000	216 000	271 000
Stock	10 602 000	12 114 000	13 572 000	12 499 000
Total Investments	0	0	0	0
Cash, Bank	3 162 000	2 646 000	1 338 000	3 047 000
Total Current Assets	18 243 000	19 817 000	19 110 000	21 142 000
Total Assets	18 274 000	19 926 000	19 326 000	21 413 000
Total Equity	5 918 000	4 754 000	4 086 000	3 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 536 000	11 722 000	12 296 000	14 199 000
Unpaid Taxes	1 885 000	1 767 000	1 636 000	2 424 000
Dividends	0	0	0	0
Other Current Debt	636 000	1 393 000	842 000	1 106 000
Total Current Debt	12 355 000	15 172 000	15 240 000	17 903 000
Total Equity and Debt	18 274 000	19 926 000	19 326 000	21 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,67 %	14,05 %	14,1 %	17,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,45 %	3,26 %	2,65 %	2,33 %
Current Ratio	1,48	1,31	1,25	1,18
Quick Ratio	10,41	6,48	11,46	3,91
Equity Ratio	0,32	0,24	0,21	0,16
Gross Profit Margin	30,9 %	32,14 %	29,59 %	20,98 %