LEGAL & FINANCE AS

6011 ÅLESUND

Finances

Return on Equity

36,14 %

Current Ratio

0,78

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	442 000	461 000	595 000	707 000
Net Income	180 000	91 000	250 000	252 000
Total Assets	2 644 000	1 827 000	1 402 000	1 349 000
Total Equity	498 000	318 000	227 000	177 000

Income (NOK)	2022	2021	2020	2019
Revenue	442 000	461 000	595 000	707 000
Expenditure	247 000	220 000	323 000	369 000
Operating Profit	195 000	242 000	271 000	338 000
Financial Income	0	0	2 000	24 000
Financial Costs	46 000	39 000	38 000	31 000
Financial Balance	−46 000	−39 000	−36 000	−7 000
Earnings Before Tax	149 000	203 000	236 000	332 000
Tax	−31 000	112 000	−14 000	80 000
Net Income	180 000	91 000	250 000	252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 478 000	1 816 000	1 247 000	792 000
Total Current Assets	166 000	11 000	154 000	557 000
Total Assets	2 644 000	1 827 000	1 402 000	1 349 000
Total Retained Equity	348 000	168 000	77 000	27 000
Total Equity	498 000	318 000	227 000	177 000
Total Long-Term Debt	1 935 000	1 216 000	829 000	464 000
Total Current Debt	212 000	293 000	346 000	708 000
Total Equity and Debt	2 644 000	1 827 000	1 402 000	1 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	420 000	461 000	595 000	707 000
Other Income	21 000	0	0	0
Revenue	442 000	461 000	595 000	707 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	19 000	41 000	0
Depreciation	70 000	87 000	109 000	0
Impairment	0	0	0	312 000
Expenditure	247 000	220 000	323 000	369 000
Operating Profit	195 000	242 000	271 000	338 000
Financial Income	0	0	2 000	24 000
Financial Costs	46 000	39 000	38 000	31 000
Financial Balance	−46 000	−39 000	−36 000	−7 000
Dividends	0	0	200 000	450 000
Net Income	180 000	91 000	250 000	252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	55 000
Real Eastate	814 000	926 000	255 000	255 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	554 000	349 000	436 000	0
Total Tangible Assets	1 368 000	1 274 000	691 000	255 000
Total Fiancial Fixed Assets	1 110 000	542 000	554 000	482 000
Total Fixed Assets	2 478 000	1 816 000	1 247 000	792 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	11 000	47 000	482 000
Total Current Assets	166 000	11 000	154 000	557 000
Total Assets	2 644 000	1 827 000	1 402 000	1 349 000
Total Equity	498 000	318 000	227 000	177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 935 000	1 216 000	829 000	464 000
Creditors	23 000	105 000	−9 000	2 000
Unpaid Taxes	−57 000	74 000	149 000	177 000
Dividends	0	0	200 000	450 000
Other Current Debt	245 000	5 000	5 000	5 000
Total Current Debt	212 000	293 000	346 000	708 000
Total Equity and Debt	2 644 000	1 827 000	1 402 000	1 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,14 %	28,62 %	110,13 %	142,37 %
Debt-to-Equity Ratio	3,89	3,82	3,65	2,62
Operating Profit Margin	44,12 %	52,49 %	45,55 %	47,81 %
Current Ratio	0,78	0,04	0,45	0,79
Quick Ratio	0,78	0,04	0,45	0,79
Equity Ratio	0,19	0,17	0,16	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %