Org.nr 912 190 013 2021 → 2022 Year-over-year analysis

ADVOKAT BIRGIT VINNES AS: årsregnskap 2022 vs 2021

Grew 8% on revenue

approved 2023-02-28; registry 2023-06-05; journal 2023 465167

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT BIRGIT VINNES AS. Revenue 1.39m NOK → 1.51m NOK (+8.0%). Net result +263.7k NOK → +237.2k NOK. Equity 183.1k NOK → 270.2k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

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

Scorecard

Revenue
1.39m NOK 1.51m NOK
+8.0%
Operating result
+338.2k NOK +305.2k NOK
-9.7%
Net result
+263.7k NOK +237.2k NOK
-10.0%
Equity
183.1k NOK 270.2k NOK
+47.6%
Cash
471.5k NOK 353.0k NOK
-25.1%
Total assets
745 NOK 809.67m NOK
+108680000.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.39m NOK to 1.51m NOK (+8.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 183.1k NOK → 270.2k NOK (equity ratio 24572.8% → 0.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1417.40×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +338.2k NOK → +305.2k NOK (op. margin 24.3% → 20.3%). Calculated

  • ↓

    Net result weakened

    Net result +263.7k NOK → +237.2k NOK (net margin 18.9% → 15.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 471.5k NOK → 353.0k NOK (-25.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 716.9k NOK → 849.1k NOK (51% → 56% of revenue). Calculated