ADVOKATHUSET VELAND OG THINGVOLD AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

−39,77 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 926 000	5 158 000	5 333 000	5 967 000
Net Income	−276 000	355 000	51 000	−7 000
Total Assets	2 072 000	2 164 000	2 633 000	2 486 000
Total Equity	694 000	971 000	1 116 000	1 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 926 000	5 158 000	5 333 000	5 967 000
Expenditure	5 167 000	4 675 000	5 263 000	5 928 000
Operating Profit	−276 000	445 000	51 000	−6 000
Financial Income	4 000	5 000	3 000	2 000
Financial Costs	4 000	4 000	3 000	3 000
Financial Balance	0	1 000	0	−1 000
Earnings Before Tax	−276 000	446 000	51 000	−7 000
Tax	0	92 000	0	0
Net Income	−276 000	355 000	51 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	20 000	36 000	16 000
Total Current Assets	2 045 000	2 144 000	2 596 000	2 470 000
Total Assets	2 072 000	2 164 000	2 633 000	2 486 000
Total Retained Equity	664 000	941 000	1 086 000	1 036 000
Total Equity	694 000	971 000	1 116 000	1 066 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 378 000	1 193 000	1 516 000	1 420 000
Total Equity and Debt	2 072 000	2 164 000	2 633 000	2 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 926 000	5 158 000	5 333 000	5 967 000
Other Income	0	0	0	0
Revenue	4 926 000	5 158 000	5 333 000	5 967 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 304 000	2 872 000	3 783 000	4 039 000
Depreciation	9 000	16 000	11 000	7 000
Impairment	0	0	0	0
Expenditure	5 167 000	4 675 000	5 263 000	5 928 000
Operating Profit	−276 000	445 000	51 000	−6 000
Financial Income	4 000	5 000	3 000	2 000
Financial Costs	4 000	4 000	3 000	3 000
Financial Balance	0	1 000	0	−1 000
Dividends	0	0	0	0
Net Income	−276 000	355 000	51 000	−7 000

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	27 000	20 000	36 000	16 000
Total Tangible Assets	27 000	20 000	36 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	20 000	36 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	639 000	923 000	1 412 000	819 000
Total Current Assets	2 045 000	2 144 000	2 596 000	2 470 000
Total Assets	2 072 000	2 164 000	2 633 000	2 486 000
Total Equity	694 000	971 000	1 116 000	1 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	27 000	11 000	478 000
Unpaid Taxes	636 000	410 000	567 000	357 000
Dividends	0	0	0	0
Other Current Debt	729 000	665 000	938 000	586 000
Total Current Debt	1 378 000	1 193 000	1 516 000	1 420 000
Total Equity and Debt	2 072 000	2 164 000	2 633 000	2 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,77 %	36,56 %	4,57 %	−0,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,6 %	8,63 %	0,96 %	−0,1 %
Current Ratio	1,48	1,8	1,71	1,74
Quick Ratio	1,48	1,8	1,71	1,74
Equity Ratio	0,33	0,45	0,42	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %