ADVOKATFIRMA VARJAG AS

1363 HØVIK

Finances

Return on Equity

21,6 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 274 000	8 255 000	7 595 000	8 106 000
Net Income	124 000	774 000	511 000	505 000
Total Assets	1 694 000	2 100 000	1 522 000	2 831 000
Total Equity	574 000	650 000	376 000	454 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 274 000	8 255 000	7 595 000	8 106 000
Expenditure	3 153 000	7 484 000	7 083 000	7 572 000
Operating Profit	121 000	770 000	512 000	534 000
Financial Income	6 000	5 000	1 000	12 000
Financial Costs	4 000	1 000	2 000	40 000
Financial Balance	2 000	4 000	−1 000	−28 000
Earnings Before Tax	124 000	774 000	511 000	505 000
Tax	0	0	0	0
Net Income	124 000	774 000	511 000	505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	89 000	95 000	306 000
Total Current Assets	1 613 000	2 012 000	1 426 000	2 525 000
Total Assets	1 694 000	2 100 000	1 522 000	2 831 000
Total Retained Equity	474 000	550 000	276 000	354 000
Total Equity	574 000	650 000	376 000	454 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 120 000	1 450 000	1 146 000	2 377 000
Total Equity and Debt	1 694 000	2 100 000	1 522 000	2 831 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 269 000	8 245 000	7 562 000	8 126 000
Other Income	5 000	10 000	32 000	−20 000
Revenue	3 274 000	8 255 000	7 595 000	8 106 000
Cost of Goods Sold	14 000	4 694 000	4 008 000	3 824 000
Salary Costs	2 127 000	2 084 000	2 090 000	2 272 000
Depreciation	8 000	6 000	9 000	12 000
Impairment	0	0	0	0
Expenditure	3 153 000	7 484 000	7 083 000	7 572 000
Operating Profit	121 000	770 000	512 000	534 000
Financial Income	6 000	5 000	1 000	12 000
Financial Costs	4 000	1 000	2 000	40 000
Financial Balance	2 000	4 000	−1 000	−28 000
Dividends	200 000	500 000	590 000	1 478 000
Net Income	124 000	774 000	511 000	505 000

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	81 000	89 000	95 000	104 000
Total Tangible Assets	81 000	89 000	95 000	104 000
Total Fiancial Fixed Assets	0	0	0	201 000
Total Fixed Assets	81 000	89 000	95 000	306 000
Stock	366 000	565 000	333 000	106 000
Total Investments	0	0	0	0
Cash, Bank	1 010 000	879 000	602 000	1 042 000
Total Current Assets	1 613 000	2 012 000	1 426 000	2 525 000
Total Assets	1 694 000	2 100 000	1 522 000	2 831 000
Total Equity	574 000	650 000	376 000	454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	193 000	104 000	91 000	108 000
Unpaid Taxes	284 000	344 000	228 000	239 000
Dividends	200 000	500 000	590 000	1 478 000
Other Current Debt	443 000	502 000	477 000	551 000
Total Current Debt	1 120 000	1 450 000	1 146 000	2 377 000
Total Equity and Debt	1 694 000	2 100 000	1 522 000	2 831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,6 %	119,08 %	135,9 %	111,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,7 %	9,33 %	6,74 %	6,59 %
Current Ratio	1,44	1,39	1,24	1,06
Quick Ratio	2,14	2,27	1,75	1,11
Equity Ratio	0,34	0,31	0,25	0,16
Gross Profit Margin	99,57 %	43,14 %	47,23 %	52,83 %