FirmaIQ
Org.nr 922 157 340 2021 → 2022 Year-over-year analysis

ADVOKAT SVEINUNG ELIASSEN AS: årsregnskap 2022 vs 2021

Grew 21% on revenue, weaker earnings

approved 2023-01-27; registry 2023-05-15; journal 2023 402483

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT SVEINUNG ELIASSEN AS. Revenue 2.82m NOK → 3.42m NOK (+21.2%). Net result +898.5k NOK → +292.8k NOK. Equity 341.3k NOK → 384.1k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SVEINUNG ELIASSEN AS.

At a glance

Scorecard

Revenue
2.82m NOK 3.42m NOK
+21.2%
Operating result
+1.15m NOK +1.66m NOK
+44.0%
Net result
+898.5k NOK +292.8k NOK
-67.4%
Equity
341.3k NOK 384.1k NOK
+12.5%
Cash
884.4k NOK 749.3k NOK
-15.3%
Total assets
1.80m NOK 2.48m NOK
+38.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.82m NOK to 3.42m NOK (+21.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.15m NOK → +1.66m NOK (op. margin 40.8% → 48.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 341.3k NOK → 384.1k NOK (equity ratio 19.0% → 15.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +898.5k NOK → +292.8k NOK (net margin 31.8% → 8.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 884.4k NOK → 749.3k NOK (-15.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.09m NOK → 1.24m NOK (39% → 36% of revenue). Calculated