FirmaIQ
Org.nr 996 399 869 2021 → 2022 Year-over-year analysis

ADNOR ADVOKAT AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-04-25; registry 2023-05-02; journal 2023 379510

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADNOR ADVOKAT AS. Revenue 27.32m NOK → 27.63m NOK (+1.2%). Net result +8 383 NOK → +1.38m NOK. Equity 600.5k NOK → 521.2k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADNOR ADVOKAT AS.

At a glance

Scorecard

Revenue
27.32m NOK 27.63m NOK
+1.2%
Operating result
+2.30m NOK +2.05m NOK
-10.9%
Net result
+8 383 NOK +1.38m NOK
+16308.5%
Equity
600.5k NOK 521.2k NOK
-13.2%
Cash
2.97m NOK 1.53m NOK
-48.4%
Total assets
10.24m NOK 10.48m NOK
+2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.32m NOK to 27.63m NOK (+1.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +8 383 NOK → +1.38m NOK (net margin 0.0% → 5.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.30m NOK → +2.05m NOK (op. margin 8.4% → 7.4%). Calculated

  • ↓

    Equity eroded

    Book equity 600.5k NOK → 521.2k NOK (equity ratio 5.9% → 5.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.97m NOK → 1.53m NOK (-48.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 19.32m NOK → 20.11m NOK (71% → 73% of revenue). Calculated