ADVOKATFIRMAET TORGERSEN AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

153,54 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 686 000	3 054 000	2 510 000	2 515 000
Net Income	2 300 000	1 169 000	739 000	762 000
Total Assets	4 627 000	2 468 000	1 837 000	1 606 000
Total Equity	1 498 000	1 199 000	680 000	491 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 686 000	3 054 000	2 510 000	2 515 000
Expenditure	1 690 000	1 555 000	1 560 000	1 529 000
Operating Profit	2 996 000	1 500 000	949 000	986 000
Financial Income	21 000	2 000	0	1 000
Financial Costs	50 000	0	1 000	0
Financial Balance	−29 000	2 000	−1 000	1 000
Earnings Before Tax	2 967 000	1 502 000	949 000	986 000
Tax	668 000	333 000	209 000	224 000
Net Income	2 300 000	1 169 000	739 000	762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	50 000	50 000	50 000
Total Current Assets	4 627 000	2 418 000	1 787 000	1 556 000
Total Assets	4 627 000	2 468 000	1 837 000	1 606 000
Total Retained Equity	1 468 000	1 169 000	650 000	461 000
Total Equity	1 498 000	1 199 000	680 000	491 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 129 000	1 269 000	1 156 000	1 115 000
Total Equity and Debt	4 627 000	2 468 000	1 837 000	1 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 686 000	3 054 000	2 510 000	2 515 000
Other Income	0	0	0	0
Revenue	4 686 000	3 054 000	2 510 000	2 515 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 271 000	1 165 000	1 150 000	1 056 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 690 000	1 555 000	1 560 000	1 529 000
Operating Profit	2 996 000	1 500 000	949 000	986 000
Financial Income	21 000	2 000	0	1 000
Financial Costs	50 000	0	1 000	0
Financial Balance	−29 000	2 000	−1 000	1 000
Dividends	2 000 000	650 000	550 000	550 000
Net Income	2 300 000	1 169 000	739 000	762 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	50 000	50 000	50 000
Total Fixed Assets	0	50 000	50 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 938 000	1 598 000	1 215 000	1 009 000
Total Current Assets	4 627 000	2 418 000	1 787 000	1 556 000
Total Assets	4 627 000	2 468 000	1 837 000	1 606 000
Total Equity	1 498 000	1 199 000	680 000	491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	14 000	4 000	2 000
Unpaid Taxes	302 000	157 000	297 000	250 000
Dividends	2 000 000	650 000	550 000	550 000
Other Current Debt	148 000	115 000	97 000	89 000
Total Current Debt	3 129 000	1 269 000	1 156 000	1 115 000
Total Equity and Debt	4 627 000	2 468 000	1 837 000	1 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	153,54 %	97,5 %	108,68 %	155,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	63,94 %	49,12 %	37,81 %	39,2 %
Current Ratio	1,48	1,91	1,55	1,4
Quick Ratio	1,48	1,91	1,55	1,4
Equity Ratio	0,32	0,49	0,37	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %