Advokatfirmaet Elden Da
DADissolvedOrg 980162389St. Olavs Gate 25, 0166 OsloLegal activities· NACE 6910Est. 1998 · 28 years old0 employeeshttps://www.elden.no
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Overview
Advokatfirmaet Elden Da is a Norwegian DA based in Oslo, operating in the Legal activities sector. Incorporated in 1998, the company has 0 employees and reported revenue of NOK 175.7m in its latest annual filing.
Revenue 2020
175.7M NOK
+9% vs 2019
EBITDA margin
42.0 %
+21% vs 2019
Net profit 2020
72M NOK
+22% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
77.4 %
20162020
Liquidity ratioCurrent assets ÷ Short-term debt
3.9×
20162020
Return on assets (ROA)Net profit ÷ Total assets × 100
77.6 %
20162020
EBITDA — year on year
NOK millionsKey figures
Annual report 2020| Revenue | 175.7M NOK | +9% |
| EBITDA | 73.9M NOK | +21% |
| Net profit | 72M NOK | +22% |
| Total assets | 92.8M NOK | +15% |
| Equity | 71.8M NOK | +20% |
| Employees | 0 | — |
Company information
Legal name
ADVOKATFIRMAET ELDEN DA
Org number
980162389
Legal form
Ansvarlig Selskap Med Delt Ansvar
NACE code
6910 · Legal activities
Founded
1 September 1998 · 28 years
Share capital
—
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Contact
Address
St. Olavs Gate 25, 0166 Oslo
Website
https://www.elden.no
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Financial development
In its most recent annual report (2020), Advokatfirmaet Elden Da reported revenue of NOK 175.7m, an increase of 9% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net profit of NOK 72.0m, and the EBITDA margin stood at 42%.
At the end of 2020, equity financed 77.4% of the balance sheet, and current assets covered short-term debt 3.9 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 175,733 | 160,992 | 150,676 | 128,979 | 127,987 |
| Staff expenses | -68,511 | -61,046 | -58,274 | -50,647 | -54,776 |
| EBITDA | 73,851 | 61,017 | 59,133 | 48,438 | 43,689 |
| Depreciation & amort. | -2,077 | -2,110 | -1,757 | -1,407 | -1,265 |
| EBIT | 71,774 | 58,907 | 57,375 | 47,031 | 42,424 |
| Net financials | 214 | 101 | 196 | 178 | -1 |
| Profit before tax | 71,988 | 59,007 | 57,572 | 47,209 | 42,423 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 71,988 | 59,007 | 57,572 | 47,209 | 42,423 |
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Balance sheet
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 92,797 | 80,927 | 68,967 | 65,870 | 62,021 |
| Equity | 71,838 | 60,084 | 48,665 | 49,641 | 46,858 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 20,959 | 20,843 | 20,303 | 16,229 | 15,163 |
| Total debt | 20,959 | 20,843 | 20,303 | 16,229 | 15,163 |
Financial ratios
5-year trendEBITDA margin
42.0 %
20162020
Equity ratio
77.4 %
20162020
Return on equity
100.2 %
20162020
Net profit margin
41.0 %
20162020
Asset turnover
1.89×
20162020
Debt / equity
0.29×
20162020
Sector performance
4 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Solidity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
One-year change in equityVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
Annual reports & filings
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AM Contact Person | Contact Person | 2022 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 0% | 0% | 2021 | |
| Individual | 0% | 0% | 2021 | |
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Company hierarchy
Elden Advokatfirma AS
Advokatfirmaet Elden Da Board network connections
Board members of Advokatfirmaet Elden Da also hold positions in 7 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Anders Morten Brosveet | Contact Person | 7 companiesMany roles |
Frequently asked questions
What is the Org number of Advokatfirmaet Elden Da?
Advokatfirmaet Elden Da is registered with Brønnøysundsregistrene under Org 980162389.
What is the revenue of Advokatfirmaet Elden Da?
Advokatfirmaet Elden Da reported revenue of NOK 175.7m in 2020.
Where is Advokatfirmaet Elden Da headquartered?
Advokatfirmaet Elden Da's registered address is St. Olavs Gate 25.