ADVOKAT NIELS KRISTIAN AXELSEN AS

1337 SANDVIKA

Finances

Return on Equity

−13,7 %

Current Ratio

19,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	578 000	304 000	624 000	7 170 000
Net Income	−557 000	−534 000	−103 000	2 147 000
Total Assets	4 291 000	4 793 000	5 361 000	7 889 000
Total Equity	4 066 000	4 623 000	5 157 000	5 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	578 000	304 000	624 000	7 170 000
Expenditure	983 000	988 000	762 000	4 419 000
Operating Profit	−405 000	−684 000	−138 000	2 751 000
Financial Income	0	0	2 000	2 000
Financial Costs	1 000	1 000	2 000	0
Financial Balance	−1 000	−1 000	0	2 000
Earnings Before Tax	−406 000	−685 000	−139 000	2 753 000
Tax	151 000	−151 000	−36 000	606 000
Net Income	−557 000	−534 000	−103 000	2 147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	151 000	0	5 000
Total Current Assets	4 291 000	4 642 000	5 361 000	7 884 000
Total Assets	4 291 000	4 793 000	5 361 000	7 889 000
Total Retained Equity	3 866 000	4 423 000	4 957 000	5 065 000
Total Equity	4 066 000	4 623 000	5 157 000	5 260 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	225 000	170 000	204 000	2 629 000
Total Equity and Debt	4 291 000	4 793 000	5 361 000	7 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	578 000	304 000	625 000	7 170 000
Other Income	0	0	−2 000	0
Revenue	578 000	304 000	624 000	7 170 000
Cost of Goods Sold	0	0	71 000	2 776 000
Salary Costs	837 000	825 000	499 000	872 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	983 000	988 000	762 000	4 419 000
Operating Profit	−405 000	−684 000	−138 000	2 751 000
Financial Income	0	0	2 000	2 000
Financial Costs	1 000	1 000	2 000	0
Financial Balance	−1 000	−1 000	0	2 000
Dividends	0	0	0	0
Net Income	−557 000	−534 000	−103 000	2 147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	151 000	0	5 000
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	0	151 000	0	5 000
Stock	0	0	0	0
Total Investments	1 500 000	1 500 000	0	0
Cash, Bank	2 383 000	3 139 000	5 178 000	6 434 000
Total Current Assets	4 291 000	4 642 000	5 361 000	7 884 000
Total Assets	4 291 000	4 793 000	5 361 000	7 889 000
Total Equity	4 066 000	4 623 000	5 157 000	5 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	19 000	3 000	1 508 000
Unpaid Taxes	125 000	68 000	123 000	392 000
Dividends	0	0	0	0
Other Current Debt	79 000	83 000	78 000	118 000
Total Current Debt	225 000	170 000	204 000	2 629 000
Total Equity and Debt	4 291 000	4 793 000	5 361 000	7 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,7 %	−11,55 %	−2 %	40,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−70,07 %	−225 %	−22,12 %	38,37 %
Current Ratio	19,07	27,31	26,28	3
Quick Ratio	19,07	27,31	26,28	3
Equity Ratio	0,95	0,96	0,96	0,67
Gross Profit Margin	100 %	100 %	88,62 %	61,28 %