ADVOKAT ANDERS STUB SØTORP AS: årsregnskap 2022 vs 2021
Grew 6% on revenue, weaker earnings
registry 2023-05-06; journal 2023 372942
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT ANDERS STUB SØTORP AS. Revenue 2.95m NOK → 3.14m NOK (+6.4%). Net result +741.1k NOK → +428.9k NOK. Equity 224.5k NOK → 10.25m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT ANDERS STUB SØTORP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.95m NOK to 3.14m NOK (+6.4% YoY). Calculated
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↑
Equity strengthened
Book equity 224.5k NOK → 10.25m NOK (equity ratio 23.6% → 407.1%). Calculated
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↑
Cash rose
Bank deposits 605.1k NOK → 781.0k NOK (+29.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +938.2k NOK → +577.7k NOK (op. margin 31.8% → 18.4%). Calculated
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↓
Net result weakened
Net result +741.1k NOK → +428.9k NOK (net margin 25.1% → 13.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.14m NOK → 1.28m NOK (39% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 94.3k NOK → 341.6k NOK (+262.1% YoY). Calculated