Org.nr 920 194 117 2021 → 2022 Year-over-year analysis

ADVOKAT KATHARINA ANGVIK HJELMAAS AS: årsregnskap 2022 vs 2021

Grew 139% on revenue, slipped into loss

approved 2023-04-28; registry 2023-05-02; journal 2023 380353

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT KATHARINA ANGVIK HJELMAAS AS. Revenue 795.5k NOK → 1.90m NOK (+138.8%). Net result +7 928 NOK → -161.7k NOK. Equity 1.06m NOK → 898.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT KATHARINA ANGVIK HJELMAAS AS.

Scorecard

Revenue
795.5k NOK 1.90m NOK
+138.8%
Operating result
+96.2k NOK -185.8k NOK
-293.2%
Net result
+7 928 NOK -161.7k NOK
-2139.7%
Equity
1.06m NOK 898.3k NOK
-15.3%
Cash
192.9k NOK 308.0k NOK
+59.7%
Total assets
1.90m NOK 1.87m NOK
-1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 795.5k NOK to 1.90m NOK (+138.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 192.9k NOK → 308.0k NOK (+59.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +96.2k NOK → -185.8k NOK (op. margin 12.1% → -9.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7 928 NOK profit to a loss of 161.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.06m NOK → 898.3k NOK (equity ratio 55.7% → 48.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.27m NOK → 1.58m NOK (160% → 83% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.18m NOK → 1.07m NOK. Reported fact