CODEX ADVOKAT OSLO AS

0180 OSLO

Finances

Return on Equity

27,73 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	113 321 000	107 901 000	99 558 000	91 072 000
Net Income	2 797 000	1 145 000	1 531 000	−4 211 000
Total Assets	45 067 000	45 526 000	50 133 000	48 544 000
Total Equity	10 087 000	6 627 000	5 348 000	4 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	113 321 000	107 901 000	99 558 000	91 072 000
Expenditure	109 828 000	106 492 000	97 494 000	96 311 000
Operating Profit	3 493 000	1 409 000	2 064 000	−5 239 000
Financial Income	315 000	341 000	146 000	161 000
Financial Costs	180 000	278 000	248 000	320 000
Financial Balance	135 000	63 000	−102 000	−159 000
Earnings Before Tax	3 628 000	1 472 000	1 962 000	−5 397 000
Tax	831 000	327 000	432 000	−1 186 000
Net Income	2 797 000	1 145 000	1 531 000	−4 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 305 000	2 719 000	3 312 000	4 389 000
Total Current Assets	42 762 000	42 807 000	46 820 000	44 155 000
Total Assets	45 067 000	45 526 000	50 133 000	48 544 000
Total Retained Equity	7 487 000	4 157 000	2 943 000	1 750 000
Total Equity	10 087 000	6 627 000	5 348 000	4 090 000
Total Long-Term Debt	3 557 000	5 319 000	7 755 000	6 316 000
Total Current Debt	31 423 000	33 579 000	37 030 000	38 139 000
Total Equity and Debt	45 067 000	45 526 000	50 133 000	48 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 631 000	106 844 000	99 558 000	91 072 000
Other Income	690 000	1 056 000	0	0
Revenue	113 321 000	107 901 000	99 558 000	91 072 000
Cost of Goods Sold	0	0	0	0
Salary Costs	72 356 000	69 882 000	69 387 000	66 586 000
Depreciation	415 000	415 000	645 000	847 000
Impairment	0	0	0	0
Expenditure	109 828 000	106 492 000	97 494 000	96 311 000
Operating Profit	3 493 000	1 409 000	2 064 000	−5 239 000
Financial Income	315 000	341 000	146 000	161 000
Financial Costs	180 000	278 000	248 000	320 000
Financial Balance	135 000	63 000	−102 000	−159 000
Dividends	0	0	0	0
Net Income	2 797 000	1 145 000	1 531 000	−4 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	230 000
Total Intangible Assets	0	0	179 000	841 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 305 000	2 719 000	3 133 000	3 548 000
Total Tangible Assets	2 305 000	2 719 000	3 133 000	3 548 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 305 000	2 719 000	3 312 000	4 389 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 550 000	6 442 000	9 511 000	6 540 000
Total Current Assets	42 762 000	42 807 000	46 820 000	44 155 000
Total Assets	45 067 000	45 526 000	50 133 000	48 544 000
Total Equity	10 087 000	6 627 000	5 348 000	4 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 557 000	5 319 000	7 755 000	6 316 000
Creditors	3 189 000	2 346 000	2 016 000	1 736 000
Unpaid Taxes	8 154 000	9 200 000	8 955 000	8 076 000
Dividends	0	0	0	0
Other Current Debt	20 071 000	22 033 000	26 059 000	28 326 000
Total Current Debt	31 423 000	33 579 000	37 030 000	38 139 000
Total Equity and Debt	45 067 000	45 526 000	50 133 000	48 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,73 %	17,28 %	28,63 %	−102,96 %
Debt-to-Equity Ratio	0,35	0,8	1,45	1,54
Operating Profit Margin	3,08 %	1,31 %	2,07 %	−5,75 %
Current Ratio	1,36	1,27	1,26	1,16
Quick Ratio	1,36	1,27	1,26	1,16
Equity Ratio	0,22	0,15	0,11	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %