Org.nr 826 660 082 2021 → 2022 Year-over-year analysis

ADVOKAT OLE CHRISTIAN HYGGEN AS: årsregnskap 2022 vs 2021

Grew 159858% on revenue

approved 2023-04-25; registry 2023-05-02; journal 2023 375666

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT OLE CHRISTIAN HYGGEN AS. Revenue 2 105 NOK → 3.37m NOK (+159858.4%). Net result +475.6k NOK → +392.8k NOK. Equity 300.0k NOK → 492.9k NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT OLE CHRISTIAN HYGGEN AS.

Scorecard

Revenue
2 105 NOK 3.37m NOK
+159858.4%
Operating result
+609.2k NOK +504.1k NOK
-17.3%
Net result
+475.6k NOK +392.8k NOK
-17.4%
Equity
300.0k NOK 492.9k NOK
+64.3%
Cash
3 995 NOK 737.2k NOK
+18351.9%
Total assets
1.16m NOK 1.36m NOK
+17.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 105 NOK to 3.37m NOK (+159858.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 300.0k NOK → 492.9k NOK (equity ratio 26.0% → 36.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 995 NOK → 737.2k NOK (+18351.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +609.2k NOK → +504.1k NOK (op. margin 28941.6% → 15.0%). Calculated

  • ↓

    Net result weakened

    Net result +475.6k NOK → +392.8k NOK (net margin 22594.7% → 11.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 239 NOK → 2.49m NOK (59% → 74% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.5 → 1. Reported fact