Org.nr 926 885 723 2021 → 2022 Year-over-year analysis

ADVOKAT TOVE J. RØDDESNES AS: årsregnskap 2022 vs 2021

Grew 14% on revenue

approved 2023-04-26; registry 2023-05-02; journal 2023 375482

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT TOVE J. RØDDESNES AS. Revenue 1.71m NOK → 1.94m NOK (+13.7%). Net result +232.8k NOK → +246.7k NOK. Equity 433.5k NOK → 680.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT TOVE J. RØDDESNES AS.

Scorecard

Revenue
1.71m NOK 1.94m NOK
+13.7%
Operating result
+286.2k NOK +317.5k NOK
+10.9%
Net result
+232.8k NOK +246.7k NOK
+5.9%
Equity
433.5k NOK 680.2k NOK
+56.9%
Cash
232.0k NOK 501.9k NOK
+116.3%
Total assets
n/m 1.36m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.71m NOK to 1.94m NOK (+13.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +286.2k NOK → +317.5k NOK (op. margin 16.7% → 16.3%). Calculated

  • ↑

    Net result improved

    Net result +232.8k NOK → +246.7k NOK (net margin 13.6% → 12.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 433.5k NOK → 680.2k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 232.0k NOK → 501.9k NOK (+116.3% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.66× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 924 NOK → 1.04m NOK (0% → 54% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 15.5k NOK → 36.2k NOK (+134.4% YoY). Calculated