ADVOKATFIRMAET HALVORSEN & CO AS

2000 LILLESTRØM

Finances

Return on Equity

36,57 %

Current Ratio

1,35

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 872 000	40 055 000	40 017 000	34 352 000
Net Income	3 453 000	4 082 000	6 815 000	1 555 000
Total Assets	49 548 000	19 294 000	21 527 000	18 073 000
Total Equity	9 441 000	8 580 000	10 484 000	5 868 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 872 000	40 055 000	40 017 000	34 352 000
Expenditure	41 653 000	34 603 000	31 058 000	32 102 000
Operating Profit	4 219 000	5 451 000	8 958 000	2 249 000
Financial Income	776 000	8 000	26 000	35 000
Financial Costs	561 000	226 000	244 000	303 000
Financial Balance	215 000	−218 000	−218 000	−268 000
Earnings Before Tax	4 434 000	5 233 000	8 741 000	1 982 000
Tax	981 000	1 151 000	1 926 000	427 000
Net Income	3 453 000	4 082 000	6 815 000	1 555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 525 000	258 000	304 000	434 000
Total Current Assets	38 022 000	19 036 000	21 223 000	17 638 000
Total Assets	49 548 000	19 294 000	21 527 000	18 073 000
Total Retained Equity	6 030 000	6 859 000	7 684 000	3 068 000
Total Equity	9 441 000	8 580 000	10 484 000	5 868 000
Total Long-Term Debt	11 839 000	1 750 000	2 050 000	2 350 000
Total Current Debt	28 268 000	8 964 000	8 993 000	9 855 000
Total Equity and Debt	49 548 000	19 294 000	21 527 000	18 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 839 000	39 999 000	39 971 000	34 296 000
Other Income	33 000	56 000	46 000	56 000
Revenue	45 872 000	40 055 000	40 017 000	34 352 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 124 000	26 014 000	23 330 000	23 369 000
Depreciation	299 000	51 000	151 000	149 000
Impairment	0	0	0	0
Expenditure	41 653 000	34 603 000	31 058 000	32 102 000
Operating Profit	4 219 000	5 451 000	8 958 000	2 249 000
Financial Income	776 000	8 000	26 000	35 000
Financial Costs	561 000	226 000	244 000	303 000
Financial Balance	215 000	−218 000	−218 000	−268 000
Dividends	0	0	0	0
Net Income	3 453 000	4 082 000	6 815 000	1 555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 558 000	0	0	0
Total Intangible Assets	10 558 000	74 000	85 000	79 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	968 000	184 000	220 000	355 000
Total Tangible Assets	968 000	184 000	220 000	355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 525 000	258 000	304 000	434 000
Stock	0	0	0	0
Total Investments	30 000	30 000	30 000	30 000
Cash, Bank	1 751 000	613 000	3 712 000	1 227 000
Total Current Assets	38 022 000	19 036 000	21 223 000	17 638 000
Total Assets	49 548 000	19 294 000	21 527 000	18 073 000
Total Equity	9 441 000	8 580 000	10 484 000	5 868 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 839 000	1 750 000	2 050 000	2 350 000
Creditors	1 699 000	498 000	623 000	784 000
Unpaid Taxes	6 744 000	4 712 000	4 895 000	4 554 000
Dividends	0	0	0	0
Other Current Debt	12 602 000	2 613 000	1 544 000	1 577 000
Total Current Debt	28 268 000	8 964 000	8 993 000	9 855 000
Total Equity and Debt	49 548 000	19 294 000	21 527 000	18 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,57 %	47,58 %	65 %	26,5 %
Debt-to-Equity Ratio	1,25	0,2	0,2	0,4
Operating Profit Margin	9,2 %	13,61 %	22,39 %	6,55 %
Current Ratio	1,35	2,12	2,36	1,79
Quick Ratio	1,35	2,12	2,36	1,79
Equity Ratio	0,19	0,44	0,49	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %