ADVOKAT AXEL LANGE AS: årsregnskap 2022 vs 2021
Grew 34% on revenue, returned to profit
approved 2023-04-30; registry 2023-05-04; journal 2023 385987
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT AXEL LANGE AS. Revenue 2.30m NOK → 3.08m NOK (+33.7%). Net result -67.4k NOK → +5.27m NOK. Equity 149.9k NOK → 414.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT AXEL LANGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.30m NOK to 3.08m NOK (+33.7% YoY). Calculated
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↑
Operating result improved
Operating result -32.6k NOK → +382.2k NOK (op. margin -1.4% → 12.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 67.4k NOK to a profit of 5.27m NOK. Calculated
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Equity strengthened
Book equity 149.9k NOK → 414.9k NOK (equity ratio 10.9% → 23.4%). Calculated
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↑
Cash rose
Bank deposits 203.6k NOK → 680.0k NOK (+234.0% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.41× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.42m NOK → 1.62m NOK (62% → 53% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact