ADVOKATFIRMAET MIDGAARD & CO AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

−68,51 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 769 000	4 277 000	4 871 000	4 842 000
Net Income	−248 000	−316 000	1 011 000	−326 000
Total Assets	1 335 000	1 598 000	2 542 000	1 885 000
Total Equity	362 000	610 000	926 000	514 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 769 000	4 277 000	4 871 000	4 842 000
Expenditure	5 027 000	4 620 000	3 705 000	5 183 000
Operating Profit	−259 000	−343 000	1 164 000	−341 000
Financial Income	12 000	28 000	47 000	25 000
Financial Costs	2 000	1 000	4 000	10 000
Financial Balance	10 000	27 000	43 000	15 000
Earnings Before Tax	−248 000	−316 000	1 207 000	−326 000
Tax	0	0	196 000	0
Net Income	−248 000	−316 000	1 011 000	−326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 335 000	1 598 000	2 542 000	1 885 000
Total Assets	1 335 000	1 598 000	2 542 000	1 885 000
Total Retained Equity	−138 000	110 000	426 000	14 000
Total Equity	362 000	610 000	926 000	514 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	973 000	988 000	1 616 000	1 371 000
Total Equity and Debt	1 335 000	1 598 000	2 542 000	1 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 604 000	4 120 000	4 683 000	4 677 000
Other Income	166 000	156 000	188 000	165 000
Revenue	4 769 000	4 277 000	4 871 000	4 842 000
Cost of Goods Sold	645 000	526 000	184 000	0
Salary Costs	3 092 000	3 072 000	2 380 000	3 130 000
Depreciation	0	0	0	14 000
Impairment	0	0	0	0
Expenditure	5 027 000	4 620 000	3 705 000	5 183 000
Operating Profit	−259 000	−343 000	1 164 000	−341 000
Financial Income	12 000	28 000	47 000	25 000
Financial Costs	2 000	1 000	4 000	10 000
Financial Balance	10 000	27 000	43 000	15 000
Dividends	0	0	600 000	0
Net Income	−248 000	−316 000	1 011 000	−326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	154 000	424 000	1 206 000	102 000
Total Current Assets	1 335 000	1 598 000	2 542 000	1 885 000
Total Assets	1 335 000	1 598 000	2 542 000	1 885 000
Total Equity	362 000	610 000	926 000	514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	182 000	165 000	90 000	79 000
Unpaid Taxes	357 000	317 000	283 000	373 000
Dividends	0	0	600 000	0
Other Current Debt	435 000	506 000	447 000	779 000
Total Current Debt	973 000	988 000	1 616 000	1 371 000
Total Equity and Debt	1 335 000	1 598 000	2 542 000	1 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−68,51 %	−51,8 %	109,18 %	−63,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,43 %	−8,02 %	23,9 %	−7,04 %
Current Ratio	1,37	1,62	1,57	1,37
Quick Ratio	1,37	1,62	1,57	1,37
Equity Ratio	0,27	0,38	0,36	0,27
Gross Profit Margin	86,48 %	87,7 %	96,22 %	100 %