ADVOKAT ØYEHAUG AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, weaker earnings
approved 2023-04-20; registry 2023-04-24; journal 2023 364778
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT ØYEHAUG AS. Revenue 2.22m NOK → 2.56m NOK (+15.6%). Net result +587.1k NOK → +232.2k NOK. Equity 1.79m NOK → 1.82m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ØYEHAUG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.22m NOK to 2.56m NOK (+15.6% YoY). Calculated
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↑
Equity strengthened
Book equity 1.79m NOK → 1.82m NOK (equity ratio 69.1% → 62.6%). Calculated
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↑
Cash rose
Bank deposits 115.5k NOK → 565.4k NOK (+389.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.73m NOK → 2 NOK (123% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +824.4k NOK → +367.1k NOK (op. margin 37.2% → 14.3%). Calculated
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↓
Net result weakened
Net result +587.1k NOK → +232.2k NOK (net margin 26.5% → 9.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 115.4k NOK → 77.7k NOK (-32.6% YoY). Calculated