GRINDSTAD LYDERSEN ADVOKATFIRMA AS

1712 GRÅLUM

Finances

Return on Equity

29,62 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 014 000	8 085 000	6 043 000	4 984 000
Net Income	750 000	2 036 000	660 000	215 000
Total Assets	5 303 000	5 835 000	5 492 000	4 864 000
Total Equity	2 532 000	1 815 000	3 228 000	2 568 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 014 000	8 085 000	6 043 000	4 984 000
Expenditure	7 062 000	5 469 000	5 181 000	4 699 000
Operating Profit	952 000	2 616 000	861 000	286 000
Financial Income	11 000	1 000	0	3 000
Financial Costs	1 000	8 000	15 000	13 000
Financial Balance	10 000	−7 000	−15 000	−10 000
Earnings Before Tax	962 000	2 610 000	846 000	275 000
Tax	212 000	574 000	186 000	61 000
Net Income	750 000	2 036 000	660 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	351 000	368 000	455 000
Total Current Assets	4 938 000	5 485 000	5 124 000	4 409 000
Total Assets	5 303 000	5 835 000	5 492 000	4 864 000
Total Retained Equity	2 465 000	1 715 000	3 128 000	2 468 000
Total Equity	2 532 000	1 815 000	3 228 000	2 568 000
Total Long-Term Debt	0	0	0	83 000
Total Current Debt	2 771 000	4 021 000	2 264 000	2 213 000
Total Equity and Debt	5 303 000	5 835 000	5 492 000	4 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 014 000	8 085 000	6 043 000	4 984 000
Other Income	0	0	0	0
Revenue	8 014 000	8 085 000	6 043 000	4 984 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 262 000	3 862 000	4 017 000	3 205 000
Depreciation	57 000	49 000	50 000	121 000
Impairment	0	0	0	0
Expenditure	7 062 000	5 469 000	5 181 000	4 699 000
Operating Profit	952 000	2 616 000	861 000	286 000
Financial Income	11 000	1 000	0	3 000
Financial Costs	1 000	8 000	15 000	13 000
Financial Balance	10 000	−7 000	−15 000	−10 000
Dividends	0	2 000 000	0	400 000
Net Income	750 000	2 036 000	660 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	41 000	9 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	315 000	310 000	359 000	409 000
Total Tangible Assets	315 000	310 000	359 000	409 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	365 000	351 000	368 000	455 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 166 000	1 892 000	1 852 000	255 000
Total Current Assets	4 938 000	5 485 000	5 124 000	4 409 000
Total Assets	5 303 000	5 835 000	5 492 000	4 864 000
Total Equity	2 532 000	1 815 000	3 228 000	2 568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	83 000
Creditors	150 000	51 000	90 000	46 000
Unpaid Taxes	874 000	846 000	753 000	468 000
Dividends	0	2 000 000	0	400 000
Other Current Debt	1 525 000	518 000	1 271 000	550 000
Total Current Debt	2 771 000	4 021 000	2 264 000	2 213 000
Total Equity and Debt	5 303 000	5 835 000	5 492 000	4 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,62 %	112,18 %	20,45 %	8,37 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	11,88 %	32,36 %	14,25 %	5,74 %
Current Ratio	1,78	1,36	2,26	1,99
Quick Ratio	1,78	1,36	2,26	1,99
Equity Ratio	0,48	0,31	0,59	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %