ADVOKAT PETTER MELLO AS: årsregnskap 2022 vs 2021
Grew 45% on revenue, returned to profit
approved 2023-04-28; registry 2023-05-02; journal 2023 381261
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT PETTER MELLO AS. Revenue 1.30m NOK → 1.88m NOK (+44.5%). Net result -46.3k NOK → +397.1k NOK. Equity 385.7k NOK → 782.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT PETTER MELLO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.30m NOK to 1.88m NOK (+44.5% YoY). Calculated
-
↑
Operating result improved
Operating result -45.3k NOK → +418.2k NOK (op. margin -3.5% → 22.2%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 46.3k NOK to a profit of 397.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 385.7k NOK → 782.7k NOK (equity ratio 48.7% → 457.6%). Calculated
-
↑
Cash rose
Bank deposits 130.1k NOK → 334.8k NOK (+157.3% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.73× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 121.5k NOK → 175.4k NOK (+44.4% YoY). Calculated