FirmaIQ
Org.nr 989 580 477 2021 → 2022 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2022 vs 2021

Grew 19% on revenue, returned to profit

approved 2023-04-24; registry 2023-04-26; journal 2023 369540

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT KJETIL H. NILSEN AS. Revenue 1.69m NOK → 2.00m NOK (+18.6%). Net result -84.2k NOK → +31.8k NOK. Equity 663.2k NOK → 695.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJETIL H. NILSEN AS.

At a glance

Scorecard

Revenue
1.69m NOK 2.00m NOK
+18.6%
Operating result
-108.2k NOK +40.1k NOK
+137.1%
Net result
-84.2k NOK +31.8k NOK
+137.7%
Equity
663.2k NOK 695.0k NOK
+4.8%
Cash
655.9k NOK 807.2k NOK
+23.1%
Total assets
964.0k NOK 60.7k NOK
-93.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.69m NOK to 2.00m NOK (+18.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -108.2k NOK → +40.1k NOK (op. margin -6.4% → 2.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 84.2k NOK to a profit of 31.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 663.2k NOK → 695.0k NOK (equity ratio 68.8% → 1145.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 655.9k NOK → 807.2k NOK (+23.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.44m NOK → 1.55m NOK (85% → 77% of revenue). Calculated