VMWARE NORWAY AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

10,98 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021
Revenue	71 655 000	75 864 000	47 096 000
Net Income	2 627 000	2 811 000	1 490 000
Total Assets	40 833 000	44 008 000	32 746 000
Total Equity	23 928 000	21 301 000	18 490 000

Income (NOK)	2023	2022	2021
Revenue	71 655 000	75 864 000	47 096 000
Expenditure	68 162 000	72 301 000	45 144 000
Operating Profit	3 493 000	3 563 000	1 952 000
Financial Income	70 000	147 000	71 000
Financial Costs	156 000	101 000	108 000
Financial Balance	−86 000	46 000	−37 000
Earnings Before Tax	3 408 000	3 609 000	1 915 000
Tax	781 000	798 000	425 000
Net Income	2 627 000	2 811 000	1 490 000

Balance (NOK)	2023	2022	2021
Total Fixed Assets	705 000	901 000	1 055 000
Total Current Assets	40 128 000	43 107 000	31 691 000
Total Assets	40 833 000	44 008 000	32 746 000
Total Retained Equity	6 928 000	4 301 000	1 490 000
Total Equity	23 928 000	21 301 000	18 490 000
Total Long-Term Debt	0	0	0
Total Current Debt	16 905 000	22 707 000	14 256 000
Total Equity and Debt	40 833 000	44 008 000	32 746 000

Cash flow (NOK)	2023	2022	2021
Sales Income	71 655 000	75 864 000	47 096 000
Other Income	0	0	0
Revenue	71 655 000	75 864 000	47 096 000
Cost of Goods Sold	0	0	0
Salary Costs	61 305 000	67 011 000	35 618 000
Depreciation	31 000	5 000	0
Impairment	0	0	0
Expenditure	68 162 000	72 301 000	45 144 000
Operating Profit	3 493 000	3 563 000	1 952 000
Financial Income	70 000	147 000	71 000
Financial Costs	156 000	101 000	108 000
Financial Balance	−86 000	46 000	−37 000
Dividends	0	0	0
Net Income	2 627 000	2 811 000	1 490 000

Balance details (NOK)	2023	2022	2021
Goodwill	0	0	0
Total Intangible Assets	676 000	841 000	1 055 000
Real Eastate	0	0	0
Machinery and Plant Facilities	30 000	61 000	0
Fixtures	0	0	0
Total Tangible Assets	30 000	61 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	705 000	901 000	1 055 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	28 811 000	27 547 000	22 444 000
Total Current Assets	40 128 000	43 107 000	31 691 000
Total Assets	40 833 000	44 008 000	32 746 000
Total Equity	23 928 000	21 301 000	18 490 000
Short-Term Group Debt	0	65 000	0
Total Long-Term Debt	0	0	0
Creditors	78 000	78 000	210 000
Unpaid Taxes	3 612 000	4 158 000	0
Dividends	0	0	0
Other Current Debt	12 739 000	16 343 000	12 566 000
Total Current Debt	16 905 000	22 707 000	14 256 000
Total Equity and Debt	40 833 000	44 008 000	32 746 000

Financial indicators	2023	2022	2021
Return on Equity	10,98 %	13,2 %	8,06 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	4,87 %	4,7 %	4,14 %
Current Ratio	2,37	1,9	2,22
Quick Ratio	2,37	1,9	2,22
Equity Ratio	0,59	0,48	0,56
Gross Profit Margin	100 %	100 %	100 %