ADVOKATFIRMAET SMEDSRUD AS

3110 TØNSBERG

Finances

Return on Equity

−3,76 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 609 000	1 726 000	1 507 000	1 387 000
Net Income	−17 000	201 000	−19 000	17 000
Total Assets	802 000	912 000	631 000	716 000
Total Equity	452 000	469 000	268 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 609 000	1 726 000	1 507 000	1 387 000
Expenditure	1 582 000	1 461 000	1 521 000	1 343 000
Operating Profit	27 000	265 000	−13 000	44 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	12 000	27 000
Financial Balance	−6 000	−6 000	−12 000	−27 000
Earnings Before Tax	21 000	260 000	−25 000	17 000
Tax	37 000	59 000	−6 000	0
Net Income	−17 000	201 000	−19 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	802 000	912 000	631 000	716 000
Total Assets	802 000	912 000	631 000	716 000
Total Retained Equity	422 000	439 000	238 000	257 000
Total Equity	452 000	469 000	268 000	287 000
Total Long-Term Debt	0	6 000	0	0
Total Current Debt	350 000	437 000	363 000	429 000
Total Equity and Debt	802 000	912 000	631 000	716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 609 000	1 726 000	1 507 000	1 387 000
Other Income	0	0	0	0
Revenue	1 609 000	1 726 000	1 507 000	1 387 000
Cost of Goods Sold	87 000	10 000	0	0
Salary Costs	769 000	822 000	874 000	624 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 582 000	1 461 000	1 521 000	1 343 000
Operating Profit	27 000	265 000	−13 000	44 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	12 000	27 000
Financial Balance	−6 000	−6 000	−12 000	−27 000
Dividends	0	0	0	0
Net Income	−17 000	201 000	−19 000	17 000

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	47 000	241 000	136 000	23 000
Total Current Assets	802 000	912 000	631 000	716 000
Total Assets	802 000	912 000	631 000	716 000
Total Equity	452 000	469 000	268 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	0	0
Creditors	63 000	51 000	24 000	47 000
Unpaid Taxes	130 000	119 000	109 000	69 000
Dividends	0	0	0	0
Other Current Debt	100 000	214 000	230 000	165 000
Total Current Debt	350 000	437 000	363 000	429 000
Total Equity and Debt	802 000	912 000	631 000	716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,76 %	42,86 %	−7,09 %	5,92 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	1,68 %	15,35 %	−0,86 %	3,17 %
Current Ratio	2,29	2,09	1,74	1,67
Quick Ratio	2,29	2,09	1,74	1,67
Equity Ratio	0,56	0,51	0,42	0,4
Gross Profit Margin	94,59 %	99,42 %	100 %	100 %