ADVOKAT MAGNUS HÅVÅS NERENG AS

5529 HAUGESUND

Finances

Return on Equity

1,24 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 117 000	2 353 000	1 865 000	1 342 000
Net Income	13 000	884 000	530 000	93 000
Total Assets	1 502 000	1 517 000	1 099 000	811 000
Total Equity	1 050 000	1 037 000	653 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 117 000	2 353 000	1 865 000	1 342 000
Expenditure	2 106 000	1 220 000	1 185 000	1 224 000
Operating Profit	11 000	1 133 000	680 000	118 000
Financial Income	7 000	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	7 000	0	−1 000	1 000
Earnings Before Tax	17 000	1 133 000	680 000	119 000
Tax	4 000	249 000	150 000	26 000
Net Income	13 000	884 000	530 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	25 000	25 000	25 000
Total Current Assets	1 477 000	1 492 000	1 074 000	786 000
Total Assets	1 502 000	1 517 000	1 099 000	811 000
Total Retained Equity	1 020 000	1 007 000	623 000	93 000
Total Equity	1 050 000	1 037 000	653 000	123 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	452 000	481 000	446 000	689 000
Total Equity and Debt	1 502 000	1 517 000	1 099 000	811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 117 000	2 353 000	1 865 000	1 342 000
Other Income	0	0	0	0
Revenue	2 117 000	2 353 000	1 865 000	1 342 000
Cost of Goods Sold	28 000	0	0	0
Salary Costs	1 527 000	799 000	794 000	908 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 106 000	1 220 000	1 185 000	1 224 000
Operating Profit	11 000	1 133 000	680 000	118 000
Financial Income	7 000	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	7 000	0	−1 000	1 000
Dividends	0	0	0	0
Net Income	13 000	884 000	530 000	93 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	25 000	25 000	25 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	550 000	302 000	368 000	310 000
Total Current Assets	1 477 000	1 492 000	1 074 000	786 000
Total Assets	1 502 000	1 517 000	1 099 000	811 000
Total Equity	1 050 000	1 037 000	653 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	183 000	65 000	44 000	43 000
Unpaid Taxes	103 000	76 000	146 000	333 000
Dividends	0	0	0	0
Other Current Debt	162 000	91 000	106 000	286 000
Total Current Debt	452 000	481 000	446 000	689 000
Total Equity and Debt	1 502 000	1 517 000	1 099 000	811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,24 %	85,25 %	81,16 %	75,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,52 %	48,15 %	36,46 %	8,79 %
Current Ratio	3,27	3,1	2,41	1,14
Quick Ratio	3,27	3,1	2,41	1,14
Equity Ratio	0,7	0,68	0,59	0,15
Gross Profit Margin	98,68 %	100 %	100 %	100 %