VIRTUS ADVOKAT AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

225,84 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 219 000	13 269 000	12 536 000	8 270 000
Net Income	1 739 000	656 000	2 556 000	724 000
Total Assets	7 027 000	6 297 000	7 733 000	3 531 000
Total Equity	770 000	852 000	196 000	838 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 219 000	13 269 000	12 536 000	8 270 000
Expenditure	9 966 000	12 365 000	9 276 000	7 265 000
Operating Profit	2 254 000	903 000	3 261 000	1 005 000
Financial Income	−18 000	−42 000	66 000	1 000
Financial Costs	2 000	3 000	48 000	76 000
Financial Balance	−20 000	−45 000	18 000	−75 000
Earnings Before Tax	2 234 000	858 000	3 279 000	931 000
Tax	495 000	201 000	723 000	206 000
Net Income	1 739 000	656 000	2 556 000	724 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	100 000	63 000	151 000
Total Current Assets	7 012 000	6 196 000	7 670 000	3 380 000
Total Assets	7 027 000	6 297 000	7 733 000	3 531 000
Total Retained Equity	670 000	752 000	96 000	738 000
Total Equity	770 000	852 000	196 000	838 000
Total Long-Term Debt	30 000	0	0	0
Total Current Debt	6 227 000	5 445 000	7 537 000	2 693 000
Total Equity and Debt	7 027 000	6 297 000	7 733 000	3 531 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 166 000	13 236 000	12 536 000	8 269 000
Other Income	53 000	32 000	0	1 000
Revenue	12 219 000	13 269 000	12 536 000	8 270 000
Cost of Goods Sold	187 000	284 000	366 000	256 000
Salary Costs	7 077 000	8 766 000	6 118 000	4 689 000
Depreciation	0	0	61 000	73 000
Impairment	0	0	0	0
Expenditure	9 966 000	12 365 000	9 276 000	7 265 000
Operating Profit	2 254 000	903 000	3 261 000	1 005 000
Financial Income	−18 000	−42 000	66 000	1 000
Financial Costs	2 000	3 000	48 000	76 000
Financial Balance	−20 000	−45 000	18 000	−75 000
Dividends	0	0	0	0
Net Income	1 739 000	656 000	2 556 000	724 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	85 000	48 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	61 000
Total Tangible Assets	0	0	0	61 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	100 000	63 000	151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 207 000	2 987 000	2 877 000	568 000
Total Current Assets	7 012 000	6 196 000	7 670 000	3 380 000
Total Assets	7 027 000	6 297 000	7 733 000	3 531 000
Total Equity	770 000	852 000	196 000	838 000
Short-Term Group Debt	2 200 000	0	5 056 000	917 000
Total Long-Term Debt	30 000	0	0	0
Creditors	159 000	33 000	118 000	136 000
Unpaid Taxes	1 028 000	717 000	1 157 000	467 000
Dividends	0	0	0	0
Other Current Debt	2 841 000	4 455 000	1 205 000	916 000
Total Current Debt	6 227 000	5 445 000	7 537 000	2 693 000
Total Equity and Debt	7 027 000	6 297 000	7 733 000	3 531 000

Financial indicators	2022	2021	2020	2019
Return on Equity	225,84 %	77 %	1 304,08 %	86,4 %
Debt-to-Equity Ratio	0,04	0	0	0
Operating Profit Margin	18,45 %	6,81 %	26,01 %	12,15 %
Current Ratio	1,13	1,14	1,02	1,26
Quick Ratio	1,13	1,14	1,02	1,26
Equity Ratio	0,11	0,14	0,03	0,24
Gross Profit Margin	98,47 %	97,86 %	97,08 %	96,9 %