Org.nr 925 978 876 2021 → 2022 Year-over-year analysis

ADVOKAT KÅRE EUGEN JØLBERG AS: årsregnskap 2022 vs 2021

Grew 80359% on revenue, weaker earnings

approved 2023-04-27; registry 2023-05-02; journal 2023 379068

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT KÅRE EUGEN JØLBERG AS. Revenue 3 050 NOK → 2.45m NOK (+80359.2%). Net result +1.08m NOK → +626.7k NOK. Equity 423.3k NOK → 449.9k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KÅRE EUGEN JØLBERG AS.

Scorecard

Revenue
3 050 NOK 2.45m NOK
+80359.2%
Operating result
+1 389 NOK +804.4k NOK
+57812.7%
Net result
+1.08m NOK +626.7k NOK
-42.1%
Equity
423.3k NOK 449.9k NOK
+6.3%
Cash
4 840 NOK 4.49m NOK
+92659.6%
Total assets
1.83m NOK 1.97m NOK
+7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 050 NOK to 2.45m NOK (+80359.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 389 NOK → +804.4k NOK (op. margin 45.5% → 32.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 423.3k NOK → 449.9k NOK (equity ratio 23.1% → 22.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 840 NOK → 4.49m NOK (+92659.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.08m NOK → +626.7k NOK (net margin 35516.5% → 25.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 078 NOK → 4.00m NOK (35% → 163% of revenue). Calculated