Org.nr 988 038 687 2021 → 2022 Year-over-year analysis

ADVOKAT DAG RØED AS: årsregnskap 2022 vs 2021

Grew 67% on revenue, cash halved-plus

approved 2023-04-24; registry 2023-04-26; journal 2023 370370

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT DAG RØED AS. Revenue 1.92m NOK → 3.21m NOK (+66.7%). Net result +810.1k NOK → +883.6k NOK. Equity 914.3k NOK → 1.30m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT DAG RØED AS.

Scorecard

Revenue
1.92m NOK 3.21m NOK
+66.7%
Operating result
+1.04m NOK n/m
—
Net result
+810.1k NOK +883.6k NOK
+9.1%
Equity
914.3k NOK 1.30m NOK
+42.0%
Cash
633.0k NOK 230.4k NOK
-63.6%
Total assets
1.95m NOK 2.15m NOK
+10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.92m NOK to 3.21m NOK (+66.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +810.1k NOK → +883.6k NOK (net margin 42.1% → 27.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 914.3k NOK → 1.30m NOK (equity ratio 47.0% → 60.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 633.0k NOK → 230.4k NOK (-63.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 44.0k NOK → 1.12m NOK (2% → 35% of revenue). Calculated