ADVOKATFIRMA OLAFSEN AS

3404 LIER

Finances

Share Ownership

Return on Equity

17,37 %

Current Ratio

2,72

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 330 000	7 620 000	6 880 000	6 732 000
Net Income	500 000	471 000	657 000	346 000
Total Assets	4 633 000	5 309 000	4 711 000	4 187 000
Total Equity	2 878 000	2 627 000	3 156 000	2 699 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 330 000	7 620 000	6 880 000	6 732 000
Expenditure	7 697 000	7 046 000	6 044 000	6 304 000
Operating Profit	633 000	573 000	837 000	429 000
Financial Income	9 000	28 000	6 000	16 000
Financial Costs	0	−4 000	0	0
Financial Balance	9 000	32 000	6 000	16 000
Earnings Before Tax	642 000	605 000	843 000	444 000
Tax	141 000	134 000	186 000	98 000
Net Income	500 000	471 000	657 000	346 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	163 000	0	40 000
Total Current Assets	4 539 000	5 146 000	4 711 000	4 147 000
Total Assets	4 633 000	5 309 000	4 711 000	4 187 000
Total Retained Equity	2 778 000	2 527 000	3 056 000	2 599 000
Total Equity	2 878 000	2 627 000	3 156 000	2 699 000
Total Long-Term Debt	89 000	0	45 000	0
Total Current Debt	1 666 000	2 682 000	1 510 000	1 488 000
Total Equity and Debt	4 633 000	5 309 000	4 711 000	4 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 330 000	7 620 000	6 880 000	6 732 000
Other Income	0	0	0	0
Revenue	8 330 000	7 620 000	6 880 000	6 732 000
Cost of Goods Sold	0	0	122 000	0
Salary Costs	5 215 000	4 828 000	4 402 000	4 670 000
Depreciation	27 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	7 697 000	7 046 000	6 044 000	6 304 000
Operating Profit	633 000	573 000	837 000	429 000
Financial Income	9 000	28 000	6 000	16 000
Financial Costs	0	−4 000	0	0
Financial Balance	9 000	32 000	6 000	16 000
Dividends	250 000	0	200 000	0
Net Income	500 000	471 000	657 000	346 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	41 000	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	121 000	0	39 000
Total Tangible Assets	94 000	121 000	0	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	94 000	163 000	0	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 432 000	2 431 000	1 928 000	1 556 000
Total Current Assets	4 539 000	5 146 000	4 711 000	4 147 000
Total Assets	4 633 000	5 309 000	4 711 000	4 187 000
Total Equity	2 878 000	2 627 000	3 156 000	2 699 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	89 000	0	45 000	0
Creditors	200 000	199 000	51 000	87 000
Unpaid Taxes	726 000	814 000	712 000	851 000
Dividends	250 000	0	200 000	0
Other Current Debt	479 000	449 000	408 000	434 000
Total Current Debt	1 666 000	2 682 000	1 510 000	1 488 000
Total Equity and Debt	4 633 000	5 309 000	4 711 000	4 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,37 %	17,93 %	20,82 %	12,82 %
Debt-to-Equity Ratio	0,03	0	0,01	0
Operating Profit Margin	7,6 %	7,52 %	12,17 %	6,37 %
Current Ratio	2,72	1,92	3,12	2,79
Quick Ratio	2,72	1,92	3,12	2,79
Equity Ratio	0,62	0,49	0,67	0,64
Gross Profit Margin	100 %	100 %	98,23 %	100 %