Org.nr 985 567 247 2021 → 2022 Year-over-year analysis

ADVOKAT HANS HENRIK PETTERSEN AS: årsregnskap 2022 vs 2021

Grew 193% on revenue, stronger earnings

approved 2023-04-25; registry 2023-05-04; journal 2023 385325

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT HANS HENRIK PETTERSEN AS. Revenue 702.2k NOK → 2.06m NOK (+193.4%). Net result +432.6k NOK → +577.4k NOK. Equity 606.8k NOK → 184.2k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT HANS HENRIK PETTERSEN AS.

Scorecard

Revenue
702.2k NOK 2.06m NOK
+193.4%
Operating result
+555.3k NOK +738.5k NOK
+33.0%
Net result
+432.6k NOK +577.4k NOK
+33.5%
Equity
606.8k NOK 184.2k NOK
-69.6%
Cash
592.7k NOK 674.4k NOK
+13.8%
Total assets
5 460 NOK 1.56m NOK
+28500.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 702.2k NOK to 2.06m NOK (+193.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +555.3k NOK → +738.5k NOK (op. margin 79.1% → 35.8%). Calculated

  • ↑

    Net result improved

    Net result +432.6k NOK → +577.4k NOK (net margin 61.6% → 28.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 592.7k NOK → 674.4k NOK (+13.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 606.8k NOK → 184.2k NOK (equity ratio 11114.3% → 11.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 852 NOK → 2.93m NOK (0% → 142% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 8 876 NOK → 25.7k NOK (+189.1% YoY). Calculated