Org.nr 989 746 944 2021 → 2022 Year-over-year analysis

ADVOKAT LENE FRYKMAN AS: årsregnskap 2022 vs 2021

Grew 18% on revenue, stronger earnings

approved 2023-04-25; registry 2023-04-27; journal 2023 373697

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT LENE FRYKMAN AS. Revenue 1.64m NOK → 1.95m NOK (+18.4%). Net result +114.1k NOK → +332.4k NOK. Equity 4.88m NOK → 1.21m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
1.64m NOK 1.95m NOK
+18.4%
Operating result
+101.5k NOK +441.4k NOK
+335.0%
Net result
+114.1k NOK +332.4k NOK
+191.4%
Equity
4.88m NOK 1.21m NOK
-75.2%
Cash
328.7k NOK 654.5k NOK
+99.1%
Total assets
1.12m NOK 1.58m NOK
+40.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.64m NOK to 1.95m NOK (+18.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +101.5k NOK → +441.4k NOK (op. margin 6.2% → 22.7%). Calculated

  • ↑

    Net result improved

    Net result +114.1k NOK → +332.4k NOK (net margin 6.9% → 17.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 328.7k NOK → 654.5k NOK (+99.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.94m NOK → 1.01m NOK (179% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.88m NOK → 1.21m NOK (equity ratio 433.9% → 76.6%). Calculated