Org.nr 995 330 865 2021 → 2022 Year-over-year analysis

ADVOKAT SISSEL KNUTSEN HEGDAL AS: årsregnskap 2022 vs 2021

Grew 67% on revenue, returned to profit

approved 2023-04-28; registry 2023-05-02; journal 2023 381677

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT SISSEL KNUTSEN HEGDAL AS. Revenue 56.6k NOK → 94.7k NOK (+67.1%). Net result -132.1k NOK → +21.9k NOK. Equity -194.1k NOK → -172.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT SISSEL KNUTSEN HEGDAL AS.

Scorecard

Revenue
56.6k NOK 94.7k NOK
+67.1%
Operating result
-116.0k NOK +32.8k NOK
+128.3%
Net result
-132.1k NOK +21.9k NOK
+116.6%
Equity
-194.1k NOK -172.2k NOK
+11.3%
Cash
n/m 1 430 NOK
—
Total assets
33.8k NOK 21.8k NOK
-35.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 56.6k NOK to 94.7k NOK (+67.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -116.0k NOK → +32.8k NOK (op. margin -204.7% → 34.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 132.1k NOK to a profit of 21.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -194.1k NOK → -172.2k NOK (equity ratio -574.3% → -791.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -791.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation