Org.nr 915 496 121 2021 → 2022 Year-over-year analysis

ADVOKAT KJELL SIGVE HAUGLAND AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, stronger earnings, cash halved-plus

approved 2023-04-27; registry 2023-05-06; journal 2023 384543

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT KJELL SIGVE HAUGLAND AS. Revenue 783.2k NOK → 902.7k NOK (+15.3%). Net result +51.6k NOK → +4.14m NOK. Equity 377.6k NOK → 519.1k 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 KJELL SIGVE HAUGLAND AS.

Scorecard

Revenue
783.2k NOK 902.7k NOK
+15.3%
Operating result
+65.6k NOK +178.7k NOK
+172.2%
Net result
+51.6k NOK +4.14m NOK
+7925.4%
Equity
377.6k NOK 519.1k NOK
+37.5%
Cash
435.2k NOK 149.4k NOK
-65.7%
Total assets
514.8k NOK 842.9k NOK
+63.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 783.2k NOK to 902.7k NOK (+15.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +65.6k NOK → +178.7k NOK (op. margin 8.4% → 19.8%). Calculated

  • ↑

    Net result improved

    Net result +51.6k NOK → +4.14m NOK (net margin 6.6% → 458.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 377.6k NOK → 519.1k NOK (equity ratio 73.3% → 61.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 435.2k NOK → 149.4k NOK (-65.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 439.0k NOK → 466.7k NOK (56% → 52% of revenue). Calculated