ADVOKAT ERIKSTAD AS: årsregnskap 2022 vs 2021
Grew 27% on revenue
registry 2023-05-04; journal 2023 386291
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT ERIKSTAD AS. Revenue 1.42m NOK → 1.81m NOK (+27.1%). Net result +494.2k NOK → +524.3k NOK. Equity 523.6k NOK → 247.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; 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 ERIKSTAD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.42m NOK to 1.81m NOK (+27.1% YoY). Calculated
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Operating result improved
Operating result +631.5k NOK → +674.5k NOK (op. margin 44.3% → 37.3%). Calculated
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Net result improved
Net result +494.2k NOK → +524.3k NOK (net margin 34.7% → 29.0%). Calculated
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Cash rose
Bank deposits 475.0k NOK → 713.1k NOK (+50.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 523.6k NOK → 247.9k NOK (equity ratio 61.8% → 21.4%). Calculated
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Current ratio dropped below 1×
Current ratio 2.52× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1 477 NOK → 1110.83bn NOK (0% → 61392542% of revenue). Calculated
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COGS fell
COGS / varekostnad 35.0k NOK → 0 NOK (-100.0% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact