LQ LAW ADVOKATFIRMA AS

4818 FÆRVIK

Finances

Share Ownership

Return on Equity

15,86 %

Current Ratio

1,18

Debt-to-Equity Ratio

2,85

Key figures (NOK)	2022	2021	2020
Revenue	2 809 000	2 982 000	2 501 000
Net Income	108 000	924 000	767 000
Total Assets	3 762 000	3 326 000	1 593 000
Total Equity	681 000	964 000	40 000

Income (NOK)	2022	2021	2020
Revenue	2 809 000	2 982 000	2 501 000
Expenditure	2 504 000	1 761 000	1 519 000
Operating Profit	304 000	1 220 000	981 000
Financial Income	0	0	4 000
Financial Costs	154 000	35 000	3 000
Financial Balance	−154 000	−35 000	1 000
Earnings Before Tax	151 000	1 185 000	982 000
Tax	42 000	261 000	214 000
Net Income	108 000	924 000	767 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 424 000	1 837 000	101 000
Total Current Assets	1 338 000	1 489 000	1 492 000
Total Assets	3 762 000	3 326 000	1 593 000
Total Retained Equity	651 000	934 000	17 000
Total Equity	681 000	964 000	40 000
Total Long-Term Debt	1 944 000	1 448 000	0
Total Current Debt	1 138 000	913 000	1 553 000
Total Equity and Debt	3 762 000	3 326 000	1 593 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 809 000	2 982 000	2 500 000
Other Income	0	0	0
Revenue	2 809 000	2 982 000	2 501 000
Cost of Goods Sold	0	0	0
Salary Costs	1 537 000	1 276 000	915 000
Depreciation	272 000	47 000	17 000
Impairment	0	0	0
Expenditure	2 504 000	1 761 000	1 519 000
Operating Profit	304 000	1 220 000	981 000
Financial Income	0	0	4 000
Financial Costs	154 000	35 000	3 000
Financial Balance	−154 000	−35 000	1 000
Dividends	392 000	0	750 000
Net Income	108 000	924 000	767 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 424 000	1 807 000	100 000
Total Tangible Assets	2 424 000	1 807 000	100 000
Total Fiancial Fixed Assets	0	30 000	0
Total Fixed Assets	2 424 000	1 837 000	101 000
Stock	0	0	0
Total Investments	6 000	17 000	0
Cash, Bank	500 000	364 000	847 000
Total Current Assets	1 338 000	1 489 000	1 492 000
Total Assets	3 762 000	3 326 000	1 593 000
Total Equity	681 000	964 000	40 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 944 000	1 448 000	0
Creditors	328 000	19 000	111 000
Unpaid Taxes	376 000	368 000	376 000
Dividends	392 000	0	750 000
Other Current Debt	239 000	136 000	100 000
Total Current Debt	1 138 000	913 000	1 553 000
Total Equity and Debt	3 762 000	3 326 000	1 593 000

Financial indicators	2022	2021	2020
Return on Equity	15,86 %	95,85 %	1 917,5 %
Debt-to-Equity Ratio	2,85	1,5	0
Operating Profit Margin	10,82 %	40,91 %	39,22 %
Current Ratio	1,18	1,63	0,96
Quick Ratio	1,18	1,63	0,96
Equity Ratio	0,18	0,29	0,03
Gross Profit Margin	100 %	100 %	100 %