ADVOKAT CAMILLA ØDEGAARD LETNES AS

7011 TRONDHEIM

Finances

Return on Equity

56 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 453 000	1 607 000	2 127 000	2 075 000
Net Income	597 000	−74 000	300 000	395 000
Total Assets	1 748 000	1 216 000	1 597 000	1 051 000
Total Equity	1 066 000	869 000	943 000	643 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 453 000	1 607 000	2 127 000	2 075 000
Expenditure	1 681 000	1 691 000	1 735 000	1 567 000
Operating Profit	773 000	−84 000	392 000	507 000
Financial Income	0	0	0	0
Financial Costs	4 000	6 000	7 000	0
Financial Balance	−4 000	−6 000	−7 000	0
Earnings Before Tax	769 000	−91 000	386 000	508 000
Tax	172 000	−17 000	85 000	113 000
Net Income	597 000	−74 000	300 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	54 000	37 000	32 000
Total Current Assets	1 685 000	1 162 000	1 560 000	1 020 000
Total Assets	1 748 000	1 216 000	1 597 000	1 051 000
Total Retained Equity	1 036 000	839 000	913 000	613 000
Total Equity	1 066 000	869 000	943 000	643 000
Total Long-Term Debt	0	86 000	257 000	0
Total Current Debt	682 000	261 000	397 000	409 000
Total Equity and Debt	1 748 000	1 216 000	1 597 000	1 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 453 000	1 607 000	2 127 000	2 075 000
Other Income	0	0	0	0
Revenue	2 453 000	1 607 000	2 127 000	2 075 000
Cost of Goods Sold	0	0	612 000	427 000
Salary Costs	989 000	900 000	871 000	935 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 681 000	1 691 000	1 735 000	1 567 000
Operating Profit	773 000	−84 000	392 000	507 000
Financial Income	0	0	0	0
Financial Costs	4 000	6 000	7 000	0
Financial Balance	−4 000	−6 000	−7 000	0
Dividends	400 000	0	0	0
Net Income	597 000	−74 000	300 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	44 000	27 000	22 000
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	10 000	10 000	10 000	10 000
Total Fixed Assets	63 000	54 000	37 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	672 000	575 000	751 000	267 000
Total Current Assets	1 685 000	1 162 000	1 560 000	1 020 000
Total Assets	1 748 000	1 216 000	1 597 000	1 051 000
Total Equity	1 066 000	869 000	943 000	643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	86 000	257 000	0
Creditors	32 000	34 000	22 000	7 000
Unpaid Taxes	165 000	81 000	129 000	180 000
Dividends	400 000	0	0	0
Other Current Debt	103 000	146 000	156 000	97 000
Total Current Debt	682 000	261 000	397 000	409 000
Total Equity and Debt	1 748 000	1 216 000	1 597 000	1 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56 %	−8,52 %	31,81 %	61,43 %
Debt-to-Equity Ratio	0	0,1	0,27	0
Operating Profit Margin	31,51 %	−5,23 %	18,43 %	24,43 %
Current Ratio	2,47	4,45	3,93	2,49
Quick Ratio	2,47	4,45	3,93	2,49
Equity Ratio	0,61	0,71	0,59	0,61
Gross Profit Margin	100 %	100 %	71,23 %	79,42 %