ADVOCATIA NORWEGIAN LAW ALLIANCE AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, stronger earnings, cash halved-plus
approved 2023-06-14; registry 2023-08-03; journal 2023 642645
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOCATIA NORWEGIAN LAW ALLIANCE AS. Revenue 1.80m NOK → 1.95m NOK (+8.2%). Net result +58.4k NOK → +267.5k NOK. Equity 344.5k NOK → 612.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOCATIA NORWEGIAN LAW ALLIANCE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.80m NOK to 1.95m NOK (+8.2% YoY). Calculated
-
↑
Operating result improved
Operating result +59.5k NOK → +310.3k NOK (op. margin 3.3% → 15.9%). Calculated
-
↑
Net result improved
Net result +58.4k NOK → +267.5k NOK (net margin 3.2% → 13.7%). Calculated
-
↑
Equity strengthened
Book equity 344.5k NOK → 612.0k NOK (equity ratio 63.5% → 90.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 460.5k NOK → 109.0k NOK (-76.3% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 1.27m NOK → 1.39m NOK (+9.4% YoY). Calculated