Org.nr 915 956 114 2021 → 2022 Year-over-year analysis

ADVOKAT KARIANNE GRINDSTAD AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-04-19; registry 2023-04-29; journal 2023 374401

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT KARIANNE GRINDSTAD AS. Revenue 886.6k NOK → 902.4k NOK (+1.8%). Net result +44.6k NOK → +11.2k NOK. Equity 147.1k NOK → 158.3k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KARIANNE GRINDSTAD AS.

Scorecard

Revenue
886.6k NOK 902.4k NOK
+1.8%
Operating result
+62.9k NOK +19.1k NOK
-69.6%
Net result
+44.6k NOK +11.2k NOK
-74.9%
Equity
147.1k NOK 158.3k NOK
+7.6%
Cash
46.5k NOK 62.1k NOK
+33.4%
Total assets
633.6k NOK 556.3k NOK
-12.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 886.6k NOK to 902.4k NOK (+1.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 147.1k NOK → 158.3k NOK (equity ratio 23.2% → 28.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 46.5k NOK → 62.1k NOK (+33.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +62.9k NOK → +19.1k NOK (op. margin 7.1% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +44.6k NOK → +11.2k NOK (net margin 5.0% → 1.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 604.5k NOK → 631.4k NOK (68% → 70% of revenue). Calculated