HOFFMANN THINN ADVOKATFIRMA AS

5013 BERGEN

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	11 467 000	8 644 000	4 081 000
Net Income	0	20 000	380 000
Total Assets	4 943 000	4 105 000	2 060 000
Total Equity	500 000	400 000	580 000

Income (NOK)	2022	2021	2020
Revenue	11 467 000	8 644 000	4 081 000
Expenditure	11 464 000	8 599 000	3 577 000
Operating Profit	2 000	45 000	503 000
Financial Income	17 000	1 000	1 000
Financial Costs	8 000	20 000	16 000
Financial Balance	9 000	−19 000	−15 000
Earnings Before Tax	11 000	26 000	489 000
Tax	11 000	6 000	109 000
Net Income	0	20 000	380 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	103 000	135 000	125 000
Total Current Assets	4 841 000	3 970 000	1 935 000
Total Assets	4 943 000	4 105 000	2 060 000
Total Retained Equity	0	200 000	380 000
Total Equity	500 000	400 000	580 000
Total Long-Term Debt	0	0	5 000
Total Current Debt	4 443 000	3 705 000	1 475 000
Total Equity and Debt	4 943 000	4 105 000	2 060 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 466 000	8 436 000	4 014 000
Other Income	1 000	208 000	67 000
Revenue	11 467 000	8 644 000	4 081 000
Cost of Goods Sold	290 000	596 000	41 000
Salary Costs	8 773 000	6 051 000	2 676 000
Depreciation	45 000	37 000	13 000
Impairment	0	0	0
Expenditure	11 464 000	8 599 000	3 577 000
Operating Profit	2 000	45 000	503 000
Financial Income	17 000	1 000	1 000
Financial Costs	8 000	20 000	16 000
Financial Balance	9 000	−19 000	−15 000
Dividends	0	200 000	0
Net Income	0	20 000	380 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	49 000	48 000	28 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	54 000	87 000	96 000
Total Tangible Assets	54 000	87 000	96 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	103 000	135 000	125 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 871 000	1 975 000	989 000
Total Current Assets	4 841 000	3 970 000	1 935 000
Total Assets	4 943 000	4 105 000	2 060 000
Total Equity	500 000	400 000	580 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	5 000
Creditors	240 000	103 000	79 000
Unpaid Taxes	2 089 000	959 000	664 000
Dividends	0	200 000	0
Other Current Debt	2 091 000	2 401 000	629 000
Total Current Debt	4 443 000	3 705 000	1 475 000
Total Equity and Debt	4 943 000	4 105 000	2 060 000

Financial indicators	2022	2021	2020
Return on Equity	0 %	5 %	65,52 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	0,02 %	0,52 %	12,33 %
Current Ratio	1,09	1,07	1,31
Quick Ratio	1,09	1,07	1,31
Equity Ratio	0,1	0,1	0,28
Gross Profit Margin	97,47 %	93,11 %	99 %