ADVOKAT MAGNHILD MERINGEN AS

6509 KRISTIANSUND N

Finances

Return on Equity

6,86 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 288 000	1 981 000	1 772 000	1 929 000
Net Income	114 000	402 000	−83 000	525 000
Total Assets	2 360 000	2 278 000	2 274 000	2 350 000
Total Equity	1 661 000	1 646 000	1 595 000	1 827 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 288 000	1 981 000	1 772 000	1 929 000
Expenditure	2 284 000	1 775 000	1 911 000	1 358 000
Operating Profit	4 000	206 000	−140 000	572 000
Financial Income	118 000	223 000	88 000	78 000
Financial Costs	0	0	4 000	14 000
Financial Balance	118 000	223 000	84 000	64 000
Earnings Before Tax	122 000	428 000	−55 000	637 000
Tax	8 000	26 000	28 000	111 000
Net Income	114 000	402 000	−83 000	525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 236 000	1 307 000	1 203 000	1 326 000
Total Current Assets	1 124 000	971 000	1 070 000	1 024 000
Total Assets	2 360 000	2 278 000	2 274 000	2 350 000
Total Retained Equity	1 561 000	1 546 000	1 495 000	1 727 000
Total Equity	1 661 000	1 646 000	1 595 000	1 827 000
Total Long-Term Debt	0	3 000	0	198 000
Total Current Debt	699 000	628 000	679 000	324 000
Total Equity and Debt	2 360 000	2 278 000	2 274 000	2 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 234 000	1 941 000	1 723 000	1 892 000
Other Income	55 000	40 000	49 000	38 000
Revenue	2 288 000	1 981 000	1 772 000	1 929 000
Cost of Goods Sold	0	0	6 000	0
Salary Costs	1 823 000	1 353 000	1 502 000	943 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 284 000	1 775 000	1 911 000	1 358 000
Operating Profit	4 000	206 000	−140 000	572 000
Financial Income	118 000	223 000	88 000	78 000
Financial Costs	0	0	4 000	14 000
Financial Balance	118 000	223 000	84 000	64 000
Dividends	100 000	350 000	150 000	0
Net Income	114 000	402 000	−83 000	525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	49 000
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	1 236 000	1 307 000	1 200 000	1 277 000
Total Fixed Assets	1 236 000	1 307 000	1 203 000	1 326 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	461 000	386 000	459 000	353 000
Total Current Assets	1 124 000	971 000	1 070 000	1 024 000
Total Assets	2 360 000	2 278 000	2 274 000	2 350 000
Total Equity	1 661 000	1 646 000	1 595 000	1 827 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	0	198 000
Creditors	0	0	0	0
Unpaid Taxes	524 000	322 000	388 000	160 000
Dividends	100 000	350 000	150 000	0
Other Current Debt	164 000	136 000	141 000	82 000
Total Current Debt	699 000	628 000	679 000	324 000
Total Equity and Debt	2 360 000	2 278 000	2 274 000	2 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,86 %	24,42 %	−5,2 %	28,74 %
Debt-to-Equity Ratio	0	0	0	0,11
Operating Profit Margin	0,17 %	10,4 %	−7,9 %	29,65 %
Current Ratio	1,61	1,55	1,58	3,16
Quick Ratio	1,61	1,55	1,58	3,16
Equity Ratio	0,7	0,72	0,7	0,78
Gross Profit Margin	100 %	100 %	99,66 %	100 %