ADVOKAT HANNE WESCHE AS: årsregnskap 2022 vs 2021
Grew 13% on revenue, weaker earnings
approved 2023-04-25; registry 2023-05-06; journal 2023 373295
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT HANNE WESCHE AS. Revenue 2.83m NOK → 3.20m NOK (+13.1%). Net result +961.4k NOK → +34.9k NOK. Equity 1.89m NOK → 2.92m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKAT HANNE WESCHE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.83m NOK to 3.20m NOK (+13.1% YoY). Calculated
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Operating result improved
Operating result +33.3k NOK → +1.33m NOK (op. margin 1.2% → 41.5%). Calculated
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Equity strengthened
Book equity 1.89m NOK → 2.92m NOK (equity ratio 36.7% → 47.3%). Calculated
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Cash rose
Bank deposits 3.42m NOK → 4.29m NOK (+25.3% YoY). Calculated
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Payroll decreased
Salary cost 1.31m NOK → 1.25m NOK (46% → 39% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +961.4k NOK → +34.9k NOK (net margin 34.0% → 1.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 24.7k NOK → 78.0k NOK (+215.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 083 NOK → 3 NOK. Reported fact