ADVOKAT KNUT MAGNUS HAAVIK

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

1 632,69 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 969 000	4 222 000	3 859 000	3 675 000
Net Income	1 698 000	2 410 000	2 157 000	2 179 000
Total Assets	486 000	804 000	749 000	673 000
Total Equity	104 000	293 000	257 000	134 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 969 000	4 222 000	3 859 000	3 675 000
Expenditure	1 261 000	1 806 000	1 688 000	1 484 000
Operating Profit	1 707 000	2 415 000	2 171 000	2 191 000
Financial Income	1 000	2 000	0	1 000
Financial Costs	11 000	7 000	14 000	13 000
Financial Balance	−10 000	−5 000	−14 000	−12 000
Earnings Before Tax	1 698 000	2 410 000	2 157 000	2 179 000
Tax	0	0	0	0
Net Income	1 698 000	2 410 000	2 157 000	2 179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	22 000	55 000	89 000
Total Current Assets	486 000	782 000	694 000	585 000
Total Assets	486 000	804 000	749 000	673 000
Total Retained Equity	104 000	293 000	257 000	134 000
Total Equity	104 000	293 000	257 000	134 000
Total Long-Term Debt	0	0	38 000	104 000
Total Current Debt	382 000	511 000	454 000	435 000
Total Equity and Debt	486 000	804 000	749 000	673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 969 000	4 222 000	3 794 000	3 662 000
Other Income	0	0	65 000	13 000
Revenue	2 969 000	4 222 000	3 859 000	3 675 000
Cost of Goods Sold	42 000	34 000	32 000	80 000
Salary Costs	571 000	1 060 000	896 000	781 000
Depreciation	22 000	33 000	33 000	11 000
Impairment	0	0	0	0
Expenditure	1 261 000	1 806 000	1 688 000	1 484 000
Operating Profit	1 707 000	2 415 000	2 171 000	2 191 000
Financial Income	1 000	2 000	0	1 000
Financial Costs	11 000	7 000	14 000	13 000
Financial Balance	−10 000	−5 000	−14 000	−12 000
Dividends	0	0	0	0
Net Income	1 698 000	2 410 000	2 157 000	2 179 000

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	0	22 000	55 000	89 000
Total Tangible Assets	0	22 000	55 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	22 000	55 000	89 000
Stock	0	0	137 000	87 000
Total Investments	0	0	42 000	32 000
Cash, Bank	120 000	396 000	261 000	115 000
Total Current Assets	486 000	782 000	694 000	585 000
Total Assets	486 000	804 000	749 000	673 000
Total Equity	104 000	293 000	257 000	134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	38 000	104 000
Creditors	64 000	54 000	0	−13 000
Unpaid Taxes	108 000	273 000	209 000	155 000
Dividends	0	0	0	0
Other Current Debt	44 000	94 000	94 000	104 000
Total Current Debt	382 000	511 000	454 000	435 000
Total Equity and Debt	486 000	804 000	749 000	673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 632,69 %	822,53 %	839,3 %	1 626,12 %
Debt-to-Equity Ratio	0	0	0,15	0,78
Operating Profit Margin	57,49 %	57,2 %	56,26 %	59,62 %
Current Ratio	1,27	1,53	1,53	1,34
Quick Ratio	1,27	1,53	2,19	1,68
Equity Ratio	0,21	0,36	0,34	0,2
Gross Profit Margin	98,59 %	99,19 %	99,17 %	97,82 %