FØRELAND ADVOKATFIRMA AS

4514 MANDAL

Finances

Return on Equity

−3,56 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 179 000	1 333 000	1 221 000	1 622 000
Net Income	−17 000	260 000	142 000	31 000
Total Assets	768 000	1 082 000	1 644 000	1 819 000
Total Equity	478 000	645 000	485 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 179 000	1 333 000	1 221 000	1 622 000
Expenditure	1 210 000	1 034 000	1 032 000	1 566 000
Operating Profit	−30 000	299 000	189 000	56 000
Financial Income	17 000	55 000	35 000	44 000
Financial Costs	8 000	21 000	41 000	59 000
Financial Balance	9 000	34 000	−6 000	−15 000
Earnings Before Tax	−22 000	334 000	182 000	40 000
Tax	−4 000	73 000	40 000	9 000
Net Income	−17 000	260 000	142 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	190 000	250 000	945 000	1 120 000
Total Current Assets	578 000	832 000	699 000	699 000
Total Assets	768 000	1 082 000	1 644 000	1 819 000
Total Retained Equity	448 000	615 000	455 000	313 000
Total Equity	478 000	645 000	485 000	343 000
Total Long-Term Debt	42 000	56 000	950 000	1 123 000
Total Current Debt	249 000	380 000	209 000	354 000
Total Equity and Debt	768 000	1 082 000	1 644 000	1 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 179 000	1 262 000	1 221 000	1 510 000
Other Income	0	71 000	0	112 000
Revenue	1 179 000	1 333 000	1 221 000	1 622 000
Cost of Goods Sold	0	0	0	43 000
Salary Costs	844 000	649 000	473 000	901 000
Depreciation	0	0	115 000	50 000
Impairment	0	0	0	0
Expenditure	1 210 000	1 034 000	1 032 000	1 566 000
Operating Profit	−30 000	299 000	189 000	56 000
Financial Income	17 000	55 000	35 000	44 000
Financial Costs	8 000	21 000	41 000	59 000
Financial Balance	9 000	34 000	−6 000	−15 000
Dividends	0	0	0	0
Net Income	−17 000	260 000	142 000	31 000

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	635 000	750 000
Total Tangible Assets	0	0	635 000	750 000
Total Fiancial Fixed Assets	190 000	250 000	310 000	370 000
Total Fixed Assets	190 000	250 000	945 000	1 120 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	296 000	146 000	35 000
Total Current Assets	578 000	832 000	699 000	699 000
Total Assets	768 000	1 082 000	1 644 000	1 819 000
Total Equity	478 000	645 000	485 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	56 000	950 000	1 123 000
Creditors	78 000	84 000	81 000	110 000
Unpaid Taxes	63 000	86 000	65 000	146 000
Dividends	0	0	0	0
Other Current Debt	98 000	139 000	44 000	98 000
Total Current Debt	249 000	380 000	209 000	354 000
Total Equity and Debt	768 000	1 082 000	1 644 000	1 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,56 %	40,31 %	29,28 %	9,04 %
Debt-to-Equity Ratio	0,09	0,09	1,96	3,27
Operating Profit Margin	−2,54 %	22,43 %	15,48 %	3,45 %
Current Ratio	2,32	2,19	3,34	1,97
Quick Ratio	2,32	2,19	3,34	1,97
Equity Ratio	0,62	0,6	0,3	0,19
Gross Profit Margin	100 %	100 %	100 %	97,35 %