BORGEN ADVOKATAR AS

5412 STORD

Finances

Return on Equity

25,82 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 094 000	19 065 000	22 784 000	22 938 000
Net Income	1 304 000	1 819 000	2 032 000	1 552 000
Total Assets	10 330 000	10 923 000	12 137 000	10 310 000
Total Equity	5 051 000	5 280 000	5 573 000	6 142 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 094 000	19 065 000	22 784 000	22 938 000
Expenditure	16 448 000	16 697 000	20 209 000	20 936 000
Operating Profit	1 646 000	2 367 000	2 574 000	2 002 000
Financial Income	46 000	81 000	101 000	29 000
Financial Costs	17 000	40 000	56 000	105 000
Financial Balance	29 000	41 000	45 000	−76 000
Earnings Before Tax	1 675 000	2 408 000	2 619 000	1 927 000
Tax	371 000	589 000	586 000	374 000
Net Income	1 304 000	1 819 000	2 032 000	1 552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 000	243 000	650 000	836 000
Total Current Assets	10 203 000	10 680 000	11 487 000	9 474 000
Total Assets	10 330 000	10 923 000	12 137 000	10 310 000
Total Retained Equity	3 051 000	3 243 000	3 498 000	4 029 000
Total Equity	5 051 000	5 280 000	5 573 000	6 142 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 279 000	5 642 000	6 564 000	4 168 000
Total Equity and Debt	10 330 000	10 923 000	12 137 000	10 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 094 000	19 039 000	22 692 000	22 843 000
Other Income	0	26 000	92 000	95 000
Revenue	18 094 000	19 065 000	22 784 000	22 938 000
Cost of Goods Sold	907 000	1 253 000	957 000	895 000
Salary Costs	11 651 000	11 224 000	14 547 000	15 004 000
Depreciation	151 000	407 000	363 000	382 000
Impairment	0	0	0	0
Expenditure	16 448 000	16 697 000	20 209 000	20 936 000
Operating Profit	1 646 000	2 367 000	2 574 000	2 002 000
Financial Income	46 000	81 000	101 000	29 000
Financial Costs	17 000	40 000	56 000	105 000
Financial Balance	29 000	41 000	45 000	−76 000
Dividends	900 000	1 500 000	1 200 000	0
Net Income	1 304 000	1 819 000	2 032 000	1 552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	100 000	315 000	445 000
Total Intangible Assets	0	100 000	315 000	452 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	127 000	143 000	335 000	384 000
Total Tangible Assets	127 000	143 000	335 000	384 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	127 000	243 000	650 000	836 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 128 000	4 320 000	2 236 000	1 176 000
Total Current Assets	10 203 000	10 680 000	11 487 000	9 474 000
Total Assets	10 330 000	10 923 000	12 137 000	10 310 000
Total Equity	5 051 000	5 280 000	5 573 000	6 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	247 000	249 000	200 000	204 000
Unpaid Taxes	1 215 000	1 371 000	1 816 000	1 959 000
Dividends	900 000	1 500 000	1 200 000	0
Other Current Debt	1 818 000	1 921 000	2 741 000	1 630 000
Total Current Debt	5 279 000	5 642 000	6 564 000	4 168 000
Total Equity and Debt	10 330 000	10 923 000	12 137 000	10 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,82 %	34,45 %	36,46 %	25,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,1 %	12,42 %	11,3 %	8,73 %
Current Ratio	1,93	1,89	1,75	2,27
Quick Ratio	1,93	1,89	1,75	2,27
Equity Ratio	0,49	0,48	0,46	0,6
Gross Profit Margin	94,99 %	93,43 %	95,8 %	96,1 %