Org.nr 918 474 579 2021 → 2022 Year-over-year analysis

ADVOKAT NEERGÅRD AS: årsregnskap 2022 vs 2021

Grew 8% on revenue, weaker earnings

approved 2023-04-28; registry 2023-05-06; journal 2023 381525

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT NEERGÅRD AS. Revenue 2.01m NOK → 2.17m NOK (+8.1%). Net result +135.8k NOK → +64.4k NOK. Equity 43.8k NOK → 108.4k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT NEERGÅRD AS.

Scorecard

Revenue
2.01m NOK 2.17m NOK
+8.1%
Operating result
+236.2k NOK +165.4k NOK
-30.0%
Net result
+135.8k NOK +64.4k NOK
-52.6%
Equity
43.8k NOK 108.4k NOK
+147.6%
Cash
33.8k NOK 56.7k NOK
+67.7%
Total assets
299.9k NOK 1.63m NOK
+442.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.01m NOK to 2.17m NOK (+8.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 43.8k NOK → 108.4k NOK (equity ratio 14.6% → 6.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 33.8k NOK → 56.7k NOK (+67.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.23× → 1.02×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +236.2k NOK → +165.4k NOK (op. margin 11.8% → 7.6%). Calculated

  • ↓

    Net result weakened

    Net result +135.8k NOK → +64.4k NOK (net margin 6.8% → 3.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact