FirmaIQ
Org.nr 927 434 768 2021 → 2022 Year-over-year analysis

ADVOKAT BJØRN O. ØIULFSTAD AS: årsregnskap 2022 vs 2021

Grew 95057% on revenue, weaker earnings, cash halved-plus

approved 2023-03-24; registry 2023-03-28; journal 2023 338619

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT BJØRN O. ØIULFSTAD AS. Revenue 1 635 NOK → 1.56m NOK (+95057.5%). Net result +3.79m NOK → +417.5k NOK. Equity 3.61m NOK → 1.03m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1 635 NOK 1.56m NOK
+95057.5%
Operating result
+1 016 NOK +536.9k NOK
+52743.9%
Net result
+3.79m NOK +417.5k NOK
-89.0%
Equity
3.61m NOK 1.03m NOK
-71.6%
Cash
867.5k NOK 75.5k NOK
-91.3%
Total assets
1.01m NOK 1.42m NOK
+41.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 635 NOK to 1.56m NOK (+95057.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 016 NOK → +536.9k NOK (op. margin 62.1% → 34.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.79m NOK → +417.5k NOK (net margin 231932.5% → 26.8%). Calculated

  • ↓

    Equity eroded

    Book equity 3.61m NOK → 1.03m NOK (equity ratio 358.6% → 72.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 867.5k NOK → 75.5k NOK (-91.3% YoY). Calculated