GRIMSTADADVOKATENE AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

6,9 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020
Revenue	432 000	451 000	150 000
Net Income	6 000	13 000	43 000
Total Assets	119 000	110 000	128 000
Total Equity	87 000	81 000	68 000

Income (NOK)	2022	2021	2020
Revenue	432 000	451 000	150 000
Expenditure	424 000	434 000	96 000
Operating Profit	8 000	17 000	54 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	8 000	17 000	54 000
Tax	2 000	4 000	11 000
Net Income	6 000	13 000	43 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	71 000	86 000	84 000
Total Current Assets	47 000	24 000	43 000
Total Assets	119 000	110 000	128 000
Total Retained Equity	63 000	57 000	43 000
Total Equity	87 000	81 000	68 000
Total Long-Term Debt	5 000	6 000	5 000
Total Current Debt	26 000	23 000	54 000
Total Equity and Debt	119 000	110 000	128 000

Cash flow (NOK)	2022	2021	2020
Sales Income	432 000	451 000	150 000
Other Income	0	0	0
Revenue	432 000	451 000	150 000
Cost of Goods Sold	0	0	0
Salary Costs	1 000	2 000	0
Depreciation	14 000	14 000	1 000
Impairment	0	0	0
Expenditure	424 000	434 000	96 000
Operating Profit	8 000	17 000	54 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	6 000	13 000	43 000

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	71 000	86 000	84 000
Total Tangible Assets	71 000	86 000	84 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	71 000	86 000	84 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	32 000	1 000	7 000
Total Current Assets	47 000	24 000	43 000
Total Assets	119 000	110 000	128 000
Total Equity	87 000	81 000	68 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	5 000	6 000	5 000
Creditors	11 000	15 000	47 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	13 000	5 000	3 000
Total Current Debt	26 000	23 000	54 000
Total Equity and Debt	119 000	110 000	128 000

Financial indicators	2022	2021	2020
Return on Equity	6,9 %	16,05 %	63,24 %
Debt-to-Equity Ratio	0,06	0,07	0,07
Operating Profit Margin	1,85 %	3,77 %	36 %
Current Ratio	1,81	1,04	0,8
Quick Ratio	1,81	1,04	0,8
Equity Ratio	0,73	0,74	0,53
Gross Profit Margin	100 %	100 %	100 %