SØRENSEN ADVOKATER AS

0252 OSLO

Finances

Return on Equity

264 %

Current Ratio

0,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 029 000	2 293 000	2 312 000	3 690 000
Net Income	264 000	−209 000	145 000	3 000
Total Assets	1 966 000	1 736 000	1 857 000	1 916 000
Total Equity	100 000	−100 000	268 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 029 000	2 293 000	2 312 000	3 690 000
Expenditure	1 575 000	2 467 000	2 037 000	3 616 000
Operating Profit	454 000	−176 000	275 000	75 000
Financial Income	1 000	0	0	0
Financial Costs	105 000	92 000	87 000	68 000
Financial Balance	−104 000	−92 000	−87 000	−68 000
Earnings Before Tax	350 000	−267 000	188 000	7 000
Tax	85 000	−59 000	43 000	5 000
Net Income	264 000	−209 000	145 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 286 000	1 452 000	1 484 000	1 574 000
Total Current Assets	680 000	284 000	373 000	341 000
Total Assets	1 966 000	1 736 000	1 857 000	1 916 000
Total Retained Equity	0	−200 000	168 000	24 000
Total Equity	100 000	−100 000	268 000	124 000
Total Long-Term Debt	0	1 000 000	1 069 000	825 000
Total Current Debt	1 866 000	837 000	520 000	968 000
Total Equity and Debt	1 966 000	1 736 000	1 857 000	1 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 017 000	2 266 000	2 423 000	3 690 000
Other Income	12 000	27 000	−111 000	0
Revenue	2 029 000	2 293 000	2 312 000	3 690 000
Cost of Goods Sold	0	0	0	18 000
Salary Costs	988 000	1 869 000	1 155 000	2 488 000
Depreciation	90 000	90 000	90 000	75 000
Impairment	0	0	0	0
Expenditure	1 575 000	2 467 000	2 037 000	3 616 000
Operating Profit	454 000	−176 000	275 000	75 000
Financial Income	1 000	0	0	0
Financial Costs	105 000	92 000	87 000	68 000
Financial Balance	−104 000	−92 000	−87 000	−68 000
Dividends	64 000	0	0	0
Net Income	264 000	−209 000	145 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	59 000	0	0
Real Eastate	1 199 000	1 223 000	1 247 000	1 271 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	140 000	207 000	273 000
Total Tangible Assets	1 273 000	1 363 000	1 454 000	1 544 000
Total Fiancial Fixed Assets	0	30 000	30 000	30 000
Total Fixed Assets	1 286 000	1 452 000	1 484 000	1 574 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	131 000	95 000	3 000
Total Current Assets	680 000	284 000	373 000	341 000
Total Assets	1 966 000	1 736 000	1 857 000	1 916 000
Total Equity	100 000	−100 000	268 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000 000	1 069 000	825 000
Creditors	51 000	197 000	63 000	105 000
Unpaid Taxes	164 000	149 000	257 000	484 000
Dividends	64 000	0	0	0
Other Current Debt	129 000	220 000	153 000	291 000
Total Current Debt	1 866 000	837 000	520 000	968 000
Total Equity and Debt	1 966 000	1 736 000	1 857 000	1 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	264 %	209 %	54,1 %	2,42 %
Debt-to-Equity Ratio	0	−10	3,99	6,65
Operating Profit Margin	22,38 %	−7,68 %	11,89 %	2,03 %
Current Ratio	0,36	0,34	0,72	0,35
Quick Ratio	0,36	0,34	0,72	0,35
Equity Ratio	0,05	−0,06	0,14	0,06
Gross Profit Margin	100 %	100 %	100 %	99,51 %