ADVOKATFIRMAET OLDERMANN AS

5003 BERGEN

Finances

Return on Equity

266,75 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 530 000	4 147 000	4 137 000	3 617 000
Net Income	1 019 000	766 000	840 000	451 000
Total Assets	2 741 000	3 543 000	1 905 000	1 420 000
Total Equity	382 000	763 000	597 000	258 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 530 000	4 147 000	4 137 000	3 617 000
Expenditure	3 219 000	3 159 000	3 056 000	3 039 000
Operating Profit	1 310 000	987 000	1 080 000	578 000
Financial Income	1 000	0	2 000	0
Financial Costs	4 000	2 000	0	1 000
Financial Balance	−3 000	−2 000	2 000	−1 000
Earnings Before Tax	1 307 000	986 000	1 081 000	578 000
Tax	287 000	220 000	241 000	127 000
Net Income	1 019 000	766 000	840 000	451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	46 000	27 000	91 000
Total Current Assets	2 709 000	3 497 000	1 878 000	1 329 000
Total Assets	2 741 000	3 543 000	1 905 000	1 420 000
Total Retained Equity	352 000	733 000	567 000	228 000
Total Equity	382 000	763 000	597 000	258 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 358 000	2 780 000	1 308 000	1 163 000
Total Equity and Debt	2 741 000	3 543 000	1 905 000	1 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 714 000	3 686 000	3 339 000	2 969 000
Other Income	816 000	460 000	798 000	648 000
Revenue	4 530 000	4 147 000	4 137 000	3 617 000
Cost of Goods Sold	1 000	2 000	7 000	0
Salary Costs	1 731 000	1 757 000	1 686 000	1 516 000
Depreciation	13 000	18 000	66 000	101 000
Impairment	0	0	0	0
Expenditure	3 219 000	3 159 000	3 056 000	3 039 000
Operating Profit	1 310 000	987 000	1 080 000	578 000
Financial Income	1 000	0	2 000	0
Financial Costs	4 000	2 000	0	1 000
Financial Balance	−3 000	−2 000	2 000	−1 000
Dividends	1 400 000	600 000	500 000	450 000
Net Income	1 019 000	766 000	840 000	451 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	8 000	27 000	67 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	38 000	0	24 000
Total Tangible Assets	24 000	38 000	0	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	46 000	27 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	100 000	48 000	269 000
Total Current Assets	2 709 000	3 497 000	1 878 000	1 329 000
Total Assets	2 741 000	3 543 000	1 905 000	1 420 000
Total Equity	382 000	763 000	597 000	258 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	168 000	38 000	73 000
Unpaid Taxes	591 000	855 000	341 000	180 000
Dividends	1 400 000	600 000	500 000	450 000
Other Current Debt	396 000	939 000	186 000	338 000
Total Current Debt	2 358 000	2 780 000	1 308 000	1 163 000
Total Equity and Debt	2 741 000	3 543 000	1 905 000	1 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	266,75 %	100,39 %	140,7 %	174,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,92 %	23,8 %	26,11 %	15,98 %
Current Ratio	1,15	1,26	1,44	1,14
Quick Ratio	1,15	1,26	1,44	1,14
Equity Ratio	0,14	0,22	0,31	0,18
Gross Profit Margin	99,98 %	99,95 %	99,83 %	100 %