ADVOKATFIRMAET TORUNN HAUG AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

7,1 %

Current Ratio

5,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 486 000	1 717 000	1 728 000	1 843 000
Net Income	56 000	213 000	369 000	492 000
Total Assets	950 000	1 190 000	1 578 000	1 490 000
Total Equity	789 000	933 000	920 000	1 150 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 486 000	1 717 000	1 728 000	1 843 000
Expenditure	1 412 000	1 445 000	1 255 000	1 203 000
Operating Profit	74 000	272 000	473 000	640 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Earnings Before Tax	74 000	272 000	472 000	639 000
Tax	18 000	59 000	103 000	146 000
Net Income	56 000	213 000	369 000	492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	0	0	0
Total Current Assets	932 000	1 190 000	1 578 000	1 490 000
Total Assets	950 000	1 190 000	1 578 000	1 490 000
Total Retained Equity	684 000	828 000	815 000	1 045 000
Total Equity	789 000	933 000	920 000	1 150 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	160 000	257 000	658 000	339 000
Total Equity and Debt	950 000	1 190 000	1 578 000	1 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 292 000	1 468 000	1 656 000	1 830 000
Other Income	195 000	249 000	72 000	13 000
Revenue	1 486 000	1 717 000	1 728 000	1 843 000
Cost of Goods Sold	104 000	246 000	86 000	5 000
Salary Costs	793 000	774 000	767 000	766 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 412 000	1 445 000	1 255 000	1 203 000
Operating Profit	74 000	272 000	473 000	640 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Dividends	200 000	200 000	600 000	300 000
Net Income	56 000	213 000	369 000	492 000

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	17 000	0	0	0
Total Tangible Assets	17 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	444 000	646 000	1 126 000	800 000
Total Current Assets	932 000	1 190 000	1 578 000	1 490 000
Total Assets	950 000	1 190 000	1 578 000	1 490 000
Total Equity	789 000	933 000	920 000	1 150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	11 000	7 000	10 000	13 000
Unpaid Taxes	58 000	120 000	187 000	122 000
Dividends	200 000	200 000	600 000	300 000
Other Current Debt	74 000	71 000	58 000	58 000
Total Current Debt	160 000	257 000	658 000	339 000
Total Equity and Debt	950 000	1 190 000	1 578 000	1 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,1 %	22,83 %	40,11 %	42,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,98 %	15,84 %	27,37 %	34,73 %
Current Ratio	5,83	4,63	2,4	4,4
Quick Ratio	5,83	4,63	2,4	4,4
Equity Ratio	0,83	0,78	0,58	0,77
Gross Profit Margin	93 %	85,67 %	95,02 %	99,73 %