VEEAM SOFTWARE NORWAY AS

0250 OSLO

Finances

Share Ownership

Return on Equity

10,6 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 780 000	16 315 000	14 163 000	14 771 000
Net Income	337 000	566 000	487 000	474 000
Total Assets	7 625 000	6 519 000	5 497 000	5 099 000
Total Equity	3 179 000	2 842 000	2 276 000	1 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 780 000	16 315 000	14 163 000	14 771 000
Expenditure	16 248 000	15 526 000	13 487 000	14 055 000
Operating Profit	532 000	789 000	676 000	715 000
Financial Income	5 000	1 000	1 000	3 000
Financial Costs	10 000	1 000	2 000	5 000
Financial Balance	−5 000	0	−1 000	−2 000
Earnings Before Tax	527 000	790 000	675 000	713 000
Tax	189 000	224 000	188 000	239 000
Net Income	337 000	566 000	487 000	474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	29 000	65 000	73 000
Total Current Assets	7 625 000	6 491 000	5 432 000	5 026 000
Total Assets	7 625 000	6 519 000	5 497 000	5 099 000
Total Retained Equity	3 149 000	2 812 000	2 246 000	1 759 000
Total Equity	3 179 000	2 842 000	2 276 000	1 789 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 446 000	3 678 000	3 221 000	3 310 000
Total Equity and Debt	7 625 000	6 519 000	5 497 000	5 099 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 429 000	20 339 000	14 654 000	15 714 000
Other Income	2 351 000	−4 025 000	−491 000	−943 000
Revenue	16 780 000	16 315 000	14 163 000	14 771 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 166 000	13 425 000	11 699 000	10 910 000
Depreciation	29 000	41 000	50 000	51 000
Impairment	0	0	0	0
Expenditure	16 248 000	15 526 000	13 487 000	14 055 000
Operating Profit	532 000	789 000	676 000	715 000
Financial Income	5 000	1 000	1 000	3 000
Financial Costs	10 000	1 000	2 000	5 000
Financial Balance	−5 000	0	−1 000	−2 000
Dividends	0	0	0	0
Net Income	337 000	566 000	487 000	474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	29 000	65 000	73 000
Fixtures	0	0	0	0
Total Tangible Assets	0	29 000	65 000	73 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	29 000	65 000	73 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 048 000	4 617 000	2 589 000	2 180 000
Total Current Assets	7 625 000	6 491 000	5 432 000	5 026 000
Total Assets	7 625 000	6 519 000	5 497 000	5 099 000
Total Equity	3 179 000	2 842 000	2 276 000	1 789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	939 000	973 000	605 000	737 000
Dividends	0	0	0	0
Other Current Debt	3 317 000	2 481 000	2 428 000	2 334 000
Total Current Debt	4 446 000	3 678 000	3 221 000	3 310 000
Total Equity and Debt	7 625 000	6 519 000	5 497 000	5 099 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,6 %	19,92 %	21,4 %	26,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,17 %	4,84 %	4,77 %	4,84 %
Current Ratio	1,72	1,76	1,69	1,52
Quick Ratio	1,72	1,76	1,69	1,52
Equity Ratio	0,42	0,44	0,41	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %