ADVOKATFIRMA GEIRR FRØNES AS

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

39,84 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 087 000	3 004 000	3 045 000	2 904 000
Net Income	402 000	306 000	197 000	330 000
Total Assets	1 589 000	1 474 000	1 127 000	1 292 000
Total Equity	1 009 000	806 000	750 000	763 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 087 000	3 004 000	3 045 000	2 904 000
Expenditure	2 572 000	2 616 000	2 806 000	2 467 000
Operating Profit	514 000	388 000	239 000	437 000
Financial Income	6 000	5 000	14 000	16 000
Financial Costs	5 000	0	1 000	30 000
Financial Balance	1 000	5 000	13 000	−14 000
Earnings Before Tax	516 000	392 000	253 000	423 000
Tax	113 000	86 000	56 000	93 000
Net Income	402 000	306 000	197 000	330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	16 000	17 000	27 000
Total Current Assets	1 581 000	1 457 000	1 110 000	1 265 000
Total Assets	1 589 000	1 474 000	1 127 000	1 292 000
Total Retained Equity	979 000	776 000	720 000	733 000
Total Equity	1 009 000	806 000	750 000	763 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	581 000	667 000	377 000	529 000
Total Equity and Debt	1 589 000	1 474 000	1 127 000	1 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 087 000	3 004 000	3 045 000	2 904 000
Other Income	0	0	0	0
Revenue	3 087 000	3 004 000	3 045 000	2 904 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 881 000	1 733 000	2 088 000	1 864 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 572 000	2 616 000	2 806 000	2 467 000
Operating Profit	514 000	388 000	239 000	437 000
Financial Income	6 000	5 000	14 000	16 000
Financial Costs	5 000	0	1 000	30 000
Financial Balance	1 000	5 000	13 000	−14 000
Dividends	0	0	0	0
Net Income	402 000	306 000	197 000	330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	16 000	17 000	27 000
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	0	0	0
Total Fixed Assets	8 000	16 000	17 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	799 000	634 000	540 000	739 000
Total Current Assets	1 581 000	1 457 000	1 110 000	1 265 000
Total Assets	1 589 000	1 474 000	1 127 000	1 292 000
Total Equity	1 009 000	806 000	750 000	763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	5 000	5 000	0
Unpaid Taxes	280 000	332 000	245 000	239 000
Dividends	0	0	0	0
Other Current Debt	183 000	244 000	82 000	236 000
Total Current Debt	581 000	667 000	377 000	529 000
Total Equity and Debt	1 589 000	1 474 000	1 127 000	1 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,84 %	37,97 %	26,27 %	43,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,65 %	12,92 %	7,85 %	15,05 %
Current Ratio	2,72	2,18	2,94	2,39
Quick Ratio	2,72	2,18	2,94	2,39
Equity Ratio	0,63	0,55	0,67	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %