ADVOKAT KOCH AS: årsregnskap 2022 vs 2021
Grew 29% on revenue, stronger earnings
approved 2023-04-30; registry 2023-05-08; journal 2023 390259
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT KOCH AS. Revenue 1.94m NOK → 2.51m NOK (+29.2%). Net result +514.7k NOK → +1.42m NOK. Equity 2.09m NOK → 3.51m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKAT KOCH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.94m NOK to 2.51m NOK (+29.2% YoY). Calculated
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↑
Net result improved
Net result +514.7k NOK → +1.42m NOK (net margin 26.5% → 56.5%). Calculated
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↑
Equity strengthened
Book equity 2.09m NOK → 3.51m NOK (equity ratio 73.0% → 77.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +765.2k NOK → +742.5k NOK (op. margin 39.4% → 29.6%). Calculated
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↓
Cash fell
Bank deposits 261.2k NOK → 131.9k NOK (-49.5% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 966.0k NOK → 93.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 300.0k NOK → 311.4k NOK (15% → 12% of revenue). Calculated