PALO ALTO NETWORKS (NORWAY) AS

0251 OSLO

Finances

Share Ownership

Return on Equity

17,84 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 747 000	45 701 000	47 231 000	39 237 000
Net Income	2 010 000	1 905 000	2 401 000	1 760 000
Total Assets	22 500 000	19 374 000	15 709 000	11 615 000
Total Equity	11 267 000	9 257 000	7 352 000	4 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 747 000	45 701 000	47 231 000	39 237 000
Expenditure	60 651 000	43 531 000	44 982 000	37 374 000
Operating Profit	3 096 000	2 171 000	2 249 000	1 863 000
Financial Income	0	347 000	1 040 000	526 000
Financial Costs	147 000	2 000	0	0
Financial Balance	−147 000	345 000	1 040 000	526 000
Earnings Before Tax	2 949 000	2 515 000	3 289 000	2 389 000
Tax	939 000	610 000	889 000	629 000
Net Income	2 010 000	1 905 000	2 401 000	1 760 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	229 000	239 000	275 000	311 000
Total Current Assets	22 271 000	19 135 000	15 434 000	11 304 000
Total Assets	22 500 000	19 374 000	15 709 000	11 615 000
Total Retained Equity	11 167 000	9 157 000	7 252 000	4 851 000
Total Equity	11 267 000	9 257 000	7 352 000	4 951 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 233 000	10 118 000	8 358 000	6 664 000
Total Equity and Debt	22 500 000	19 374 000	15 709 000	11 615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 747 000	45 701 000	47 231 000	39 237 000
Other Income	0	0	0	0
Revenue	63 747 000	45 701 000	47 231 000	39 237 000
Cost of Goods Sold	0	0	0	0
Salary Costs	53 109 000	40 958 000	38 831 000	32 254 000
Depreciation	10 000	38 000	38 000	44 000
Impairment	0	0	0	0
Expenditure	60 651 000	43 531 000	44 982 000	37 374 000
Operating Profit	3 096 000	2 171 000	2 249 000	1 863 000
Financial Income	0	347 000	1 040 000	526 000
Financial Costs	147 000	2 000	0	0
Financial Balance	−147 000	345 000	1 040 000	526 000
Dividends	0	0	0	0
Net Income	2 010 000	1 905 000	2 401 000	1 760 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	8 000	4 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	10 000	48 000	86 000
Total Tangible Assets	0	10 000	48 000	86 000
Total Fiancial Fixed Assets	222 000	222 000	224 000	224 000
Total Fixed Assets	229 000	239 000	275 000	311 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 680 000	11 992 000	7 752 000	808 000
Total Current Assets	22 271 000	19 135 000	15 434 000	11 304 000
Total Assets	22 500 000	19 374 000	15 709 000	11 615 000
Total Equity	11 267 000	9 257 000	7 352 000	4 951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	4 205 000	2 814 000	2 825 000	2 560 000
Dividends	0	0	0	0
Other Current Debt	6 368 000	6 427 000	4 384 000	3 473 000
Total Current Debt	11 233 000	10 118 000	8 358 000	6 664 000
Total Equity and Debt	22 500 000	19 374 000	15 709 000	11 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,84 %	20,58 %	32,66 %	35,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,86 %	4,75 %	4,76 %	4,75 %
Current Ratio	1,98	1,89	1,85	1,7
Quick Ratio	1,98	1,89	1,85	1,7
Equity Ratio	0,5	0,48	0,47	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %