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Varnish Software AS
AS
Active
Org 986768009
Gjerdrums Vei 14, 0484
Oslo
Computer consultancy and computer facilities management activities
·
NACE 6220
Est. 2004 · 22 years old
12 employees
www.varnish-software.com
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Norway
/
Companies
/
Computer consultancy and computer facilities management activities
/
Varnish Software AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
57M
43M
29M
14M
0M
2021: 23M
23M
2021
2022: 30M (+30% vs 2021)
30M
+30%
2022
2023: 46M (+53% vs 2022)
46M
+53%
2023
2024: 34M (-26% vs 2023)
34M
-26%
2024
2025: 45M (+32% vs 2024)
45M
+32%
2025
EBITDA
NOK millions
24M
18M
12M
6M
0M
2021: 1M
1M
2021
2022: 2M (+100% vs 2021)
2M
+100%
2022
2023: 19M (+850% vs 2022)
19M
+850%
2023
2024: 9M (-53% vs 2023)
9M
-53%
2024
2025: 10M (+11% vs 2024)
10M
+11%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
45 333
34 145
45 931
29 906
23 187
Staff expenses
−17 198
−12 812
−16 170
−13 825
−12 707
EBITDA
9 748
8 607
18 759
1 603
1 266
Depreciation & amort.
−1 087
−32
−140
−193
−174
EBIT
8 661
8 575
18 619
1 410
1 092
Net financials
118
93
43
38
20
Profit before tax
8 778
8 668
18 661
1 448
1 112
Tax
−0
1 656
1 550
−0
−0
Net profit
7 244
7 012
17 111
1 448
1 112
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
68 578
19 962
26 202
6 943
6 279
Equity
11 251
4 031
7 022
3 910
2 463
Long-term debt
0
321
412
0
0
Short-term debt
57 079
15 609
18 769
3 032
3 816
Total debt
57 327
15 930
19 181
3 032
3 816
Financial ratios
5-year trend
EBITDA margin
21,5 %
This company
15,8 %
Market median
This company
Market median
36% above market
2021
2025
Equity ratio
16,4 %
This company
38,2 %
Market median
This company
Market median
57% below market
2021
2025
Return on equity
64,4 %
This company
18,4 %
Market median
This company
Market median
250% above market
2021
2025
Net profit margin
16,0 %
This company
8,1 %
Market median
This company
Market median
98% above market
2021
2025
Asset turnover
0,66×
This company
1,12×
Market median
This company
Market median
41% below market
2021
2025
Debt / equity
5,10×
This company
0,62×
Market median
This company
Market median
723% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Varnish Software AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network