ADVOKAT ARVID BERENTSEN AS: årsregnskap 2022 vs 2021
Grew 6% on revenue, stronger earnings
approved 2023-02-09; registry 2023-04-17; journal 2023 356149
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT ARVID BERENTSEN AS. Revenue 2.22m NOK → 2.36m NOK (+6.1%). Net result +319.7k NOK → +529.4k NOK. Equity 337.2k NOK → 866.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT ARVID BERENTSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.22m NOK to 2.36m NOK (+6.1% YoY). Calculated
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Operating result improved
Operating result +408.2k NOK → +678.5k NOK (op. margin 18.4% → 28.8%). Calculated
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Net result improved
Net result +319.7k NOK → +529.4k NOK (net margin 14.4% → 22.5%). Calculated
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Equity strengthened
Book equity 337.2k NOK → 866.6k NOK (equity ratio 37.4% → 282.7%). Calculated
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Cash rose
Bank deposits 470.8k NOK → 660.8k NOK (+40.4% YoY). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 1.57× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1 024 NOK → 2.94m NOK (0% → 125% of revenue). Calculated
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COGS fell
COGS / varekostnad 209.1k NOK → 148.5k NOK (-29.0% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact