ADVOKAT STIG E. MORTENSEN AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−6,8 %

Current Ratio

3,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 701 000	3 301 000	2 389 000	2 602 000
Net Income	−109 000	95 000	12 000	173 000
Total Assets	2 158 000	2 374 000	2 108 000	2 288 000
Total Equity	1 603 000	1 712 000	1 616 000	1 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 701 000	3 301 000	2 389 000	2 602 000
Expenditure	2 848 000	3 185 000	2 389 000	2 658 000
Operating Profit	−147 000	116 000	1 000	−56 000
Financial Income	12 000	10 000	26 000	251 000
Financial Costs	4 000	4 000	23 000	23 000
Financial Balance	8 000	6 000	3 000	228 000
Earnings Before Tax	−139 000	122 000	4 000	173 000
Tax	−31 000	27 000	0	0
Net Income	−109 000	95 000	12 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	8 000	18 000	16 000
Total Current Assets	2 107 000	2 367 000	2 091 000	2 272 000
Total Assets	2 158 000	2 374 000	2 108 000	2 288 000
Total Retained Equity	1 503 000	1 612 000	1 516 000	0
Total Equity	1 603 000	1 712 000	1 616 000	1 605 000
Total Long-Term Debt	0	2 000	0	1 000
Total Current Debt	555 000	661 000	492 000	682 000
Total Equity and Debt	2 158 000	2 374 000	2 108 000	2 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 701 000	3 301 000	2 389 000	2 602 000
Other Income	0	0	0	0
Revenue	2 701 000	3 301 000	2 389 000	2 602 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 127 000	2 371 000	1 756 000	1 887 000
Depreciation	9 000	3 000	5 000	7 000
Impairment	0	0	0	0
Expenditure	2 848 000	3 185 000	2 389 000	2 658 000
Operating Profit	−147 000	116 000	1 000	−56 000
Financial Income	12 000	10 000	26 000	251 000
Financial Costs	4 000	4 000	23 000	23 000
Financial Balance	8 000	6 000	3 000	228 000
Dividends	0	0	0	0
Net Income	−109 000	95 000	12 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	11 000	16 000
Fixtures	21 000	8 000	0	0
Total Tangible Assets	21 000	8 000	11 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	8 000	18 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	355 000	765 000	654 000	525 000
Total Current Assets	2 107 000	2 367 000	2 091 000	2 272 000
Total Assets	2 158 000	2 374 000	2 108 000	2 288 000
Total Equity	1 603 000	1 712 000	1 616 000	1 605 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	1 000
Creditors	50 000	55 000	91 000	193 000
Unpaid Taxes	257 000	319 000	196 000	242 000
Dividends	0	0	0	0
Other Current Debt	248 000	268 000	205 000	248 000
Total Current Debt	555 000	661 000	492 000	682 000
Total Equity and Debt	2 158 000	2 374 000	2 108 000	2 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,8 %	5,55 %	0,74 %	10,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,44 %	3,51 %	0,04 %	−2,15 %
Current Ratio	3,8	3,58	4,25	3,33
Quick Ratio	3,8	3,58	4,25	3,33
Equity Ratio	0,74	0,72	0,77	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %