Org.nr 914 948 320 2021 → 2022 Year-over-year analysis

ADVOKAT TOVE NISSEN-SOLLIE AS: årsregnskap 2022 vs 2021

Shrank 7% on revenue, stronger earnings

approved 2023-03-27; registry 2023-06-05; journal 2023 461799

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT TOVE NISSEN-SOLLIE AS. Revenue 1.79m NOK → 1.66m NOK (-7.2%). Net result +264.2k NOK → +347.9k NOK. Equity 1.05m NOK → 1.40m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Net constructive year on the published lines.

Scorecard

Revenue
1.79m NOK 1.66m NOK
-7.2%
Operating result
+339.5k NOK +446.5k NOK
+31.5%
Net result
+264.2k NOK +347.9k NOK
+31.7%
Equity
1.05m NOK 1.40m NOK
+33.1%
Cash
86.8k NOK 617.0k NOK
+610.7%
Total assets
1.46m NOK 1.55m NOK
+5.9%

What improved

  • ↑

    Operating result improved

    Operating result +339.5k NOK → +446.5k NOK (op. margin 19.0% → 26.9%). Calculated

  • ↑

    Net result improved

    Net result +264.2k NOK → +347.9k NOK (net margin 14.8% → 21.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.05m NOK → 1.40m NOK (equity ratio 71.9% → 90.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 86.8k NOK → 617.0k NOK (+610.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.79m NOK to 1.66m NOK (-7.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 750.1k NOK → 834.3k NOK (42% → 50% of revenue). Calculated