ADVOKAT SIGVALD ARNE MORTVEIT AS

5574 SKJOLD

Finances

Return on Equity

−92,7 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	649 000	902 000	1 128 000	1 328 000
Net Income	−368 000	−163 000	77 000	305 000
Total Assets	880 000	1 195 000	1 134 000	1 500 000
Total Equity	397 000	765 000	928 000	851 000

Income (NOK)	2022	2021	2020	2019
Revenue	649 000	902 000	1 128 000	1 328 000
Expenditure	995 000	1 047 000	1 029 000	945 000
Operating Profit	−347 000	−144 000	99 000	382 000
Financial Income	7 000	0	1 000	0
Financial Costs	28 000	19 000	2 000	2 000
Financial Balance	−21 000	−19 000	−1 000	−2 000
Earnings Before Tax	−368 000	−163 000	98 000	381 000
Tax	0	0	20 000	76 000
Net Income	−368 000	−163 000	77 000	305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	0	0	0
Total Current Assets	846 000	1 195 000	1 134 000	1 500 000
Total Assets	880 000	1 195 000	1 134 000	1 500 000
Total Retained Equity	297 000	665 000	828 000	751 000
Total Equity	397 000	765 000	928 000	851 000
Total Long-Term Debt	2 000	1 000	11 000	425 000
Total Current Debt	481 000	429 000	196 000	224 000
Total Equity and Debt	880 000	1 195 000	1 134 000	1 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	646 000	901 000	1 128 000	1 328 000
Other Income	3 000	1 000	0	0
Revenue	649 000	902 000	1 128 000	1 328 000
Cost of Goods Sold	156 000	141 000	126 000	178 000
Salary Costs	433 000	415 000	491 000	408 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	995 000	1 047 000	1 029 000	945 000
Operating Profit	−347 000	−144 000	99 000	382 000
Financial Income	7 000	0	1 000	0
Financial Costs	28 000	19 000	2 000	2 000
Financial Balance	−21 000	−19 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	−368 000	−163 000	77 000	305 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	34 000	0	0	0
Total Fixed Assets	34 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	10 000	16 000	62 000
Total Current Assets	846 000	1 195 000	1 134 000	1 500 000
Total Assets	880 000	1 195 000	1 134 000	1 500 000
Total Equity	397 000	765 000	928 000	851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	1 000	11 000	425 000
Creditors	56 000	30 000	73 000	67 000
Unpaid Taxes	30 000	41 000	61 000	45 000
Dividends	0	0	0	0
Other Current Debt	40 000	119 000	40 000	36 000
Total Current Debt	481 000	429 000	196 000	224 000
Total Equity and Debt	880 000	1 195 000	1 134 000	1 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−92,7 %	−21,31 %	8,3 %	35,84 %
Debt-to-Equity Ratio	0,01	0	0,01	0,5
Operating Profit Margin	−53,47 %	−15,96 %	8,78 %	28,77 %
Current Ratio	1,76	2,79	5,79	6,7
Quick Ratio	1,76	2,79	5,79	6,7
Equity Ratio	0,45	0,64	0,82	0,57
Gross Profit Margin	75,96 %	84,37 %	88,83 %	86,6 %