FirmaIQ
Org.nr 925 498 955 2021 → 2022 Year-over-year analysis

ADVOKAT ERLING HØYTE AS: årsregnskap 2022 vs 2021

Shrank 6% on revenue, weaker earnings

approved 2023-03-31; registry 2023-04-04; journal 2023 346409

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT ERLING HØYTE AS. Revenue 4.80m NOK → 4.49m NOK (-6.4%). Net result +2.54m NOK → +1.85m NOK. Equity 3.12m NOK → 4.07m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.80m NOK 4.49m NOK
-6.4%
Operating result
+3.27m NOK +2.45m NOK
-25.1%
Net result
+2.54m NOK +1.85m NOK
-27.1%
Equity
3.12m NOK 4.07m NOK
+30.4%
Cash
234.8k NOK 3.79m NOK
+1515.0%
Total assets
4.28m NOK 5.11m NOK
+19.4%

What improved

  • ↑

    Equity strengthened

    Book equity 3.12m NOK → 4.07m NOK (equity ratio 73.0% → 79.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 234.8k NOK → 3.79m NOK (+1515.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.80m NOK to 4.49m NOK (-6.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.27m NOK → +2.45m NOK (op. margin 68.2% → 54.5%). Calculated

  • ↓

    Net result weakened

    Net result +2.54m NOK → +1.85m NOK (net margin 52.9% → 41.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 914.8k NOK → 985.0k NOK (19% → 22% of revenue). Calculated