ADVOKATENE HOVDE MNA AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

40,56 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 633 000	3 420 000	3 880 000	4 326 000
Net Income	490 000	97 000	607 000	479 000
Total Assets	2 635 000	2 369 000	2 764 000	2 689 000
Total Equity	1 208 000	1 218 000	1 522 000	1 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 633 000	3 420 000	3 880 000	4 326 000
Expenditure	3 010 000	3 302 000	3 120 000	3 736 000
Operating Profit	623 000	119 000	760 000	590 000
Financial Income	7 000	7 000	21 000	31 000
Financial Costs	0	1 000	0	3 000
Financial Balance	7 000	6 000	21 000	28 000
Earnings Before Tax	631 000	125 000	781 000	619 000
Tax	141 000	29 000	174 000	139 000
Net Income	490 000	97 000	607 000	479 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	859 000	888 000	924 000	971 000
Total Current Assets	1 776 000	1 481 000	1 839 000	1 718 000
Total Assets	2 635 000	2 369 000	2 764 000	2 689 000
Total Retained Equity	1 108 000	1 118 000	1 422 000	1 215 000
Total Equity	1 208 000	1 218 000	1 522 000	1 315 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 427 000	1 151 000	1 242 000	1 374 000
Total Equity and Debt	2 635 000	2 369 000	2 764 000	2 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 520 000	3 324 000	3 784 000	4 230 000
Other Income	113 000	96 000	96 000	96 000
Revenue	3 633 000	3 420 000	3 880 000	4 326 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 966 000	2 350 000	2 099 000	2 709 000
Depreciation	35 000	41 000	42 000	30 000
Impairment	0	0	0	0
Expenditure	3 010 000	3 302 000	3 120 000	3 736 000
Operating Profit	623 000	119 000	760 000	590 000
Financial Income	7 000	7 000	21 000	31 000
Financial Costs	0	1 000	0	3 000
Financial Balance	7 000	6 000	21 000	28 000
Dividends	500 000	400 000	400 000	200 000
Net Income	490 000	97 000	607 000	479 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	53 000	49 000	53 000
Real Eastate	799 000	819 000	838 000	858 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	16 000	37 000	60 000
Total Tangible Assets	799 000	835 000	875 000	918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	859 000	888 000	924 000	971 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	983 000	995 000	1 064 000	596 000
Total Current Assets	1 776 000	1 481 000	1 839 000	1 718 000
Total Assets	2 635 000	2 369 000	2 764 000	2 689 000
Total Equity	1 208 000	1 218 000	1 522 000	1 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	251 000	19 000	49 000	119 000
Unpaid Taxes	274 000	340 000	343 000	341 000
Dividends	500 000	400 000	400 000	200 000
Other Current Debt	256 000	359 000	280 000	580 000
Total Current Debt	1 427 000	1 151 000	1 242 000	1 374 000
Total Equity and Debt	2 635 000	2 369 000	2 764 000	2 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,56 %	7,96 %	39,88 %	36,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,15 %	3,48 %	19,59 %	13,64 %
Current Ratio	1,24	1,29	1,48	1,25
Quick Ratio	1,24	1,29	1,48	1,25
Equity Ratio	0,46	0,51	0,55	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %