ADVOKATFIRMA FOLKMAN AS

4878 GRIMSTAD

Finances

Return on Equity

20,26 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 410 000	3 939 000	3 332 000	2 220 000
Net Income	2 565 000	1 301 000	1 113 000	796 000
Total Assets	14 585 000	11 592 000	9 816 000	8 351 000
Total Equity	12 659 000	10 095 000	8 794 000	7 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 410 000	3 939 000	3 332 000	2 220 000
Expenditure	2 943 000	2 554 000	1 904 000	1 234 000
Operating Profit	1 467 000	1 385 000	1 429 000	986 000
Financial Income	1 476 000	222 000	0	28 000
Financial Costs	53 000	2 000	1 000	1 000
Financial Balance	1 423 000	220 000	−1 000	27 000
Earnings Before Tax	2 889 000	1 605 000	1 427 000	1 013 000
Tax	324 000	305 000	314 000	217 000
Net Income	2 565 000	1 301 000	1 113 000	796 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 974 000	10 693 000	9 463 000	8 187 000
Total Current Assets	3 611 000	899 000	353 000	164 000
Total Assets	14 585 000	11 592 000	9 816 000	8 351 000
Total Retained Equity	12 244 000	9 680 000	8 379 000	7 266 000
Total Equity	12 659 000	10 095 000	8 794 000	7 681 000
Total Long-Term Debt	6 000	26 000	36 000	46 000
Total Current Debt	1 920 000	1 472 000	986 000	624 000
Total Equity and Debt	14 585 000	11 592 000	9 816 000	8 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 410 000	3 939 000	3 332 000	2 220 000
Other Income	0	0	0	0
Revenue	4 410 000	3 939 000	3 332 000	2 220 000
Cost of Goods Sold	64 000	28 000	14 000	3 000
Salary Costs	1 756 000	1 537 000	947 000	455 000
Depreciation	17 000	17 000	13 000	0
Impairment	0	0	0	0
Expenditure	2 943 000	2 554 000	1 904 000	1 234 000
Operating Profit	1 467 000	1 385 000	1 429 000	986 000
Financial Income	1 476 000	222 000	0	28 000
Financial Costs	53 000	2 000	1 000	1 000
Financial Balance	1 423 000	220 000	−1 000	27 000
Dividends	0	0	0	0
Net Income	2 565 000	1 301 000	1 113 000	796 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	78 000	78 000	78 000	78 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	21 000	38 000	0
Total Tangible Assets	83 000	99 000	116 000	78 000
Total Fiancial Fixed Assets	10 891 000	10 593 000	9 347 000	8 108 000
Total Fixed Assets	10 974 000	10 693 000	9 463 000	8 187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 641 000	650 000	58 000	47 000
Total Current Assets	3 611 000	899 000	353 000	164 000
Total Assets	14 585 000	11 592 000	9 816 000	8 351 000
Total Equity	12 659 000	10 095 000	8 794 000	7 681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	26 000	36 000	46 000
Creditors	122 000	637 000	111 000	42 000
Unpaid Taxes	291 000	258 000	344 000	216 000
Dividends	0	0	0	0
Other Current Debt	1 163 000	263 000	206 000	136 000
Total Current Debt	1 920 000	1 472 000	986 000	624 000
Total Equity and Debt	14 585 000	11 592 000	9 816 000	8 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,26 %	12,89 %	12,66 %	10,36 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	33,27 %	35,16 %	42,89 %	44,41 %
Current Ratio	1,88	0,61	0,36	0,26
Quick Ratio	1,88	0,61	0,36	0,26
Equity Ratio	0,87	0,87	0,9	0,92
Gross Profit Margin	98,55 %	99,29 %	99,58 %	99,86 %