FirmaIQ
Org.nr 988 518 557 2021 → 2022 Year-over-year analysis

ADVOKAT IVAR HUSTAD AS: årsregnskap 2022 vs 2021

Grew 503% on revenue, weaker earnings

approved 2023-04-28; registry 2023-05-02; journal 2023 380845

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT IVAR HUSTAD AS. Revenue 116.4k NOK → 701.3k NOK (+502.5%). Net result +170.3k NOK → +32.8k NOK. Equity 4.99m NOK → 6.02m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT IVAR HUSTAD AS.

At a glance

Scorecard

Revenue
116.4k NOK 701.3k NOK
+502.5%
Operating result
+52.7k NOK -391.7k NOK
-843.5%
Net result
+170.3k NOK +32.8k NOK
-80.8%
Equity
4.99m NOK 6.02m NOK
+20.7%
Cash
2.16m NOK 1.87m NOK
-13.7%
Total assets
7.56m NOK 7.72m NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 116.4k NOK to 701.3k NOK (+502.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.99m NOK → 6.02m NOK (equity ratio 66.0% → 78.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +52.7k NOK → -391.7k NOK (op. margin 45.3% → -55.9%). Calculated

  • ↓

    Net result weakened

    Net result +170.3k NOK → +32.8k NOK (net margin 146.3% → 4.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.16m NOK → 1.87m NOK (-13.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 848.0k NOK → 793.0k NOK. Reported fact