ADVOKATFIRMAET TORSTRUP AS

4008 STAVANGER

Finances

Return on Equity

32,26 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 291 000	23 450 000	24 192 000	32 920 000
Net Income	1 074 000	692 000	2 302 000	6 925 000
Total Assets	9 104 000	10 915 000	12 484 000	17 379 000
Total Equity	3 329 000	4 035 000	5 772 000	7 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 291 000	23 450 000	24 192 000	32 920 000
Expenditure	21 848 000	22 529 000	21 143 000	23 947 000
Operating Profit	1 444 000	920 000	3 049 000	8 972 000
Financial Income	19 000	51 000	48 000	70 000
Financial Costs	78 000	72 000	131 000	155 000
Financial Balance	−59 000	−21 000	−83 000	−85 000
Earnings Before Tax	1 385 000	900 000	2 966 000	8 886 000
Tax	311 000	208 000	664 000	1 962 000
Net Income	1 074 000	692 000	2 302 000	6 925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	736 000	973 000	1 398 000	1 791 000
Total Current Assets	8 368 000	9 942 000	11 086 000	15 588 000
Total Assets	9 104 000	10 915 000	12 484 000	17 379 000
Total Retained Equity	3 189 000	3 880 000	5 617 000	7 275 000
Total Equity	3 329 000	4 035 000	5 772 000	7 445 000
Total Long-Term Debt	975 000	1 075 000	1 240 000	2 622 000
Total Current Debt	4 800 000	5 805 000	5 472 000	7 312 000
Total Equity and Debt	9 104 000	10 915 000	12 484 000	17 379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 291 000	23 450 000	24 023 000	32 918 000
Other Income	0	0	169 000	3 000
Revenue	23 291 000	23 450 000	24 192 000	32 920 000
Cost of Goods Sold	217 000	430 000	287 000	419 000
Salary Costs	15 383 000	16 728 000	15 122 000	16 501 000
Depreciation	196 000	228 000	240 000	240 000
Impairment	0	0	0	0
Expenditure	21 848 000	22 529 000	21 143 000	23 947 000
Operating Profit	1 444 000	920 000	3 049 000	8 972 000
Financial Income	19 000	51 000	48 000	70 000
Financial Costs	78 000	72 000	131 000	155 000
Financial Balance	−59 000	−21 000	−83 000	−85 000
Dividends	1 765 000	0	0	0
Net Income	1 074 000	692 000	2 302 000	6 925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	106 000	229 000	382 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	671 000	867 000	1 169 000	1 410 000
Total Tangible Assets	671 000	867 000	1 169 000	1 410 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	736 000	973 000	1 398 000	1 791 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 933 000	1 695 000	3 881 000	1 496 000
Total Current Assets	8 368 000	9 942 000	11 086 000	15 588 000
Total Assets	9 104 000	10 915 000	12 484 000	17 379 000
Total Equity	3 329 000	4 035 000	5 772 000	7 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	975 000	1 075 000	1 240 000	2 622 000
Creditors	149 000	255 000	318 000	59 000
Unpaid Taxes	2 469 000	1 996 000	1 729 000	3 307 000
Dividends	1 765 000	0	0	0
Other Current Debt	1 913 000	3 468 000	2 915 000	1 850 000
Total Current Debt	4 800 000	5 805 000	5 472 000	7 312 000
Total Equity and Debt	9 104 000	10 915 000	12 484 000	17 379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,26 %	17,15 %	39,88 %	93,02 %
Debt-to-Equity Ratio	0,29	0,27	0,21	0,35
Operating Profit Margin	6,2 %	3,92 %	12,6 %	27,25 %
Current Ratio	1,74	1,71	2,03	2,13
Quick Ratio	1,74	1,71	2,03	2,13
Equity Ratio	0,37	0,37	0,46	0,43
Gross Profit Margin	99,07 %	98,17 %	98,81 %	98,73 %