ADVOKATFIRMA BJØRN H. LARSEN AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

39 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 354 000	977 000	1 059 000	918 000
Net Income	250 000	125 000	107 000	38 000
Total Assets	1 152 000	624 000	464 000	454 000
Total Equity	641 000	392 000	266 000	159 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 354 000	977 000	1 059 000	918 000
Expenditure	1 027 000	795 000	898 000	834 000
Operating Profit	327 000	183 000	160 000	84 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	22 000	23 000	35 000
Financial Balance	−7 000	−22 000	−23 000	−35 000
Earnings Before Tax	320 000	161 000	137 000	49 000
Tax	70 000	35 000	30 000	11 000
Net Income	250 000	125 000	107 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	7 000	38 000
Total Current Assets	1 152 000	624 000	457 000	417 000
Total Assets	1 152 000	624 000	464 000	454 000
Total Retained Equity	541 000	292 000	166 000	59 000
Total Equity	641 000	392 000	266 000	159 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	511 000	233 000	198 000	295 000
Total Equity and Debt	1 152 000	624 000	464 000	454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 319 000	977 000	1 059 000	918 000
Other Income	35 000	0	0	0
Revenue	1 354 000	977 000	1 059 000	918 000
Cost of Goods Sold	0	−17 000	3 000	−4 000
Salary Costs	661 000	480 000	566 000	473 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 027 000	795 000	898 000	834 000
Operating Profit	327 000	183 000	160 000	84 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	22 000	23 000	35 000
Financial Balance	−7 000	−22 000	−23 000	−35 000
Dividends	0	0	0	0
Net Income	250 000	125 000	107 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	38 000
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	0	0	0	0
Total Fixed Assets	0	0	7 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	56 000	40 000	22 000
Total Current Assets	1 152 000	624 000	457 000	417 000
Total Assets	1 152 000	624 000	464 000	454 000
Total Equity	641 000	392 000	266 000	159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	60 000	19 000	59 000	5 000
Unpaid Taxes	164 000	48 000	78 000	69 000
Dividends	0	0	0	0
Other Current Debt	216 000	137 000	53 000	49 000
Total Current Debt	511 000	233 000	198 000	295 000
Total Equity and Debt	1 152 000	624 000	464 000	454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39 %	31,89 %	40,23 %	23,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,15 %	18,73 %	15,11 %	9,15 %
Current Ratio	2,25	2,68	2,31	1,41
Quick Ratio	2,25	2,68	2,31	1,41
Equity Ratio	0,56	0,63	0,57	0,35
Gross Profit Margin	100 %	101,74 %	99,72 %	100,44 %