Org.nr 919 276 266 2021 → 2022 Year-over-year analysis

ADVOKAT NIELS KRISTIAN AXELSEN AS: årsregnskap 2022 vs 2021

Grew 90% on revenue

approved 2023-04-29; registry 2023-05-25; journal 2023 423977

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT NIELS KRISTIAN AXELSEN AS. Revenue 304.1k NOK → 577.5k NOK (+89.9%). Net result -534.0k NOK → -556.5k NOK. Equity 4.62m NOK → 4.07m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT NIELS KRISTIAN AXELSEN AS.

Scorecard

Revenue
304.1k NOK 577.5k NOK
+89.9%
Operating result
-684.0k NOK -405.4k NOK
+40.7%
Net result
-534.0k NOK -556.5k NOK
-4.2%
Equity
4.62m NOK 4.07m NOK
-12.0%
Cash
3.14m NOK 2.38m NOK
-24.1%
Total assets
4.79m NOK 4.29m NOK
-10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 304.1k NOK to 577.5k NOK (+89.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -684.0k NOK → -405.4k NOK (op. margin -225.0% → -70.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.62m NOK → 4.07m NOK (equity ratio 96.4% → 94.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.14m NOK → 2.38m NOK (-24.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 825.4k NOK → 836.6k NOK (271% → 145% of revenue). Calculated