ADVOKAT ERIK VATNE AS

7013 TRONDHEIM

Finances

Share Ownership

Return on Equity

76,77 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 589 000	873 000	366 000
Net Income	390 000	−22 000	116 000
Total Assets	834 000	241 000	243 000
Total Equity	508 000	118 000	140 000

Income (NOK)	2022	2021	2020
Revenue	1 589 000	873 000	366 000
Expenditure	1 094 000	896 000	220 000
Operating Profit	495 000	−22 000	147 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	495 000	−22 000	147 000
Tax	105 000	0	31 000
Net Income	390 000	−22 000	116 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	834 000	241 000	243 000
Total Assets	834 000	241 000	243 000
Total Retained Equity	483 000	94 000	116 000
Total Equity	508 000	118 000	140 000
Total Long-Term Debt	0	0	0
Total Current Debt	326 000	123 000	102 000
Total Equity and Debt	834 000	241 000	243 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 589 000	873 000	366 000
Other Income	0	0	0
Revenue	1 589 000	873 000	366 000
Cost of Goods Sold	0	0	0
Salary Costs	734 000	581 000	77 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 094 000	896 000	220 000
Operating Profit	495 000	−22 000	147 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	390 000	−22 000	116 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	647 000	206 000	153 000
Total Current Assets	834 000	241 000	243 000
Total Assets	834 000	241 000	243 000
Total Equity	508 000	118 000	140 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	9 000	16 000	8 000
Unpaid Taxes	145 000	53 000	53 000
Dividends	0	0	0
Other Current Debt	68 000	54 000	10 000
Total Current Debt	326 000	123 000	102 000
Total Equity and Debt	834 000	241 000	243 000

Financial indicators	2022	2021	2020
Return on Equity	76,77 %	−18,64 %	82,86 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	31,15 %	−2,52 %	40,16 %
Current Ratio	2,56	1,96	2,38
Quick Ratio	2,56	1,96	2,38
Equity Ratio	0,61	0,49	0,58
Gross Profit Margin	100 %	100 %	100 %