Org.nr 975 990 257 2021 → 2022 Year-over-year analysis

ADVOKAT24 AS: årsregnskap 2022 vs 2021

Grew 32% on revenue, returned to profit

approved 2023-04-30; registry 2023-05-03; journal 2023 382720

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT24 AS. Revenue 5.34m NOK → 7.06m NOK (+32.1%). Net result -1.53m NOK → +342.0k NOK. Equity 9.52m NOK → 861.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
5.34m NOK 7.06m NOK
+32.1%
Operating result
-1.30m NOK +543.4k NOK
+141.9%
Net result
-1.53m NOK +342.0k NOK
+122.4%
Equity
9.52m NOK 861.4k NOK
-91.0%
Cash
829.5k NOK 918.5k NOK
+10.7%
Total assets
5.85m NOK 6.72m NOK
+14.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.34m NOK to 7.06m NOK (+32.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.30m NOK → +543.4k NOK (op. margin -24.3% → 7.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.53m NOK to a profit of 342.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 829.5k NOK → 918.5k NOK (+10.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.52m NOK → 861.4k NOK (equity ratio 162.7% → 12.8%). Calculated