ADVOKATENE GRAASVOLD & STENVAAG AS

0165 OSLO

Finances

Return on Equity

146,69 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 965 000	4 780 000	4 412 000	4 050 000
Net Income	531 000	785 000	365 000	380 000
Total Assets	1 765 000	2 873 000	2 164 000	3 071 000
Total Equity	362 000	431 000	406 000	341 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 965 000	4 780 000	4 412 000	4 050 000
Expenditure	3 275 000	3 771 000	3 939 000	3 545 000
Operating Profit	690 000	1 008 000	473 000	505 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	2 000	2 000	0	0
Earnings Before Tax	692 000	1 010 000	472 000	505 000
Tax	160 000	225 000	107 000	125 000
Net Income	531 000	785 000	365 000	380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	37 000	31 000	15 000
Total Current Assets	1 719 000	2 836 000	2 133 000	3 056 000
Total Assets	1 765 000	2 873 000	2 164 000	3 071 000
Total Retained Equity	332 000	401 000	376 000	311 000
Total Equity	362 000	431 000	406 000	341 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 403 000	2 442 000	1 758 000	2 730 000
Total Equity and Debt	1 765 000	2 873 000	2 164 000	3 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 699 000	4 605 000	4 188 000	3 919 000
Other Income	266 000	175 000	224 000	132 000
Revenue	3 965 000	4 780 000	4 412 000	4 050 000
Cost of Goods Sold	9 000	18 000	96 000	28 000
Salary Costs	1 966 000	2 532 000	2 352 000	2 377 000
Depreciation	14 000	14 000	7 000	0
Impairment	0	0	0	0
Expenditure	3 275 000	3 771 000	3 939 000	3 545 000
Operating Profit	690 000	1 008 000	473 000	505 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	2 000	2 000	0	0
Dividends	600 000	700 000	300 000	300 000
Net Income	531 000	785 000	365 000	380 000

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	31 000	22 000	16 000	0
Total Tangible Assets	31 000	22 000	16 000	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	46 000	37 000	31 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	697 000	1 233 000	819 000	1 421 000
Total Current Assets	1 719 000	2 836 000	2 133 000	3 056 000
Total Assets	1 765 000	2 873 000	2 164 000	3 071 000
Total Equity	362 000	431 000	406 000	341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	67 000	19 000	160 000	18 000
Unpaid Taxes	229 000	1 002 000	806 000	870 000
Dividends	600 000	700 000	300 000	300 000
Other Current Debt	347 000	496 000	384 000	1 417 000
Total Current Debt	1 403 000	2 442 000	1 758 000	2 730 000
Total Equity and Debt	1 765 000	2 873 000	2 164 000	3 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,69 %	182,13 %	89,9 %	111,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,4 %	21,09 %	10,72 %	12,47 %
Current Ratio	1,23	1,16	1,21	1,12
Quick Ratio	1,23	1,16	1,21	1,12
Equity Ratio	0,21	0,15	0,19	0,11
Gross Profit Margin	99,77 %	99,62 %	97,82 %	99,31 %