ADVOKAT HOVDA AS: årsregnskap 2022 vs 2021
Grew 16% on revenue
approved 2023-03-22; registry 2023-03-25; journal 2023 334704
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT HOVDA AS. Revenue 1.88m NOK → 2.17m NOK (+15.6%). Net result +216.8k NOK → +252.8k NOK. Equity 163.0k NOK → 415.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HOVDA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.88m NOK to 2.17m NOK (+15.6% YoY). Calculated
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↑
Operating result improved
Operating result +278.8k NOK → +325.0k NOK (op. margin 14.8% → 15.0%). Calculated
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Net result improved
Net result +216.8k NOK → +252.8k NOK (net margin 11.5% → 11.6%). Calculated
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↑
Equity strengthened
Book equity 163.0k NOK → 415.8k NOK (equity ratio 22.4% → 48.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 375.7k NOK → 277.1k NOK (-26.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.16m NOK → 1.39m NOK (62% → 64% of revenue). Calculated