FirmaIQ
Org.nr 914 320 763 2021 → 2022 Year-over-year analysis

ADVOKATENE BERG DITLEV-SIMONSEN AS: årsregnskap 2022 vs 2021

Grew 16% on revenue, stronger earnings

approved 2023-03-15; registry 2023-05-02; journal 2023 380828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATENE BERG DITLEV-SIMONSEN AS. Revenue 12.08m NOK → 14.05m NOK (+16.3%). Net result +2.84m NOK → +4.12m NOK. Equity 957.1k NOK → 179.8k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATENE BERG DITLEV-SIMONSEN AS.

At a glance

Scorecard

Revenue
12.08m NOK 14.05m NOK
+16.3%
Operating result
+3.64m NOK +5.30m NOK
+45.5%
Net result
+2.84m NOK +4.12m NOK
+45.3%
Equity
957.1k NOK 179.8k NOK
-81.2%
Cash
2.55m NOK 2.25m NOK
-11.6%
Total assets
5.96m NOK 7.38m NOK
+23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.08m NOK to 14.05m NOK (+16.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.64m NOK → +5.30m NOK (op. margin 30.2% → 37.7%). Calculated

  • ↑

    Net result improved

    Net result +2.84m NOK → +4.12m NOK (net margin 23.5% → 29.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 957.1k NOK → 179.8k NOK (equity ratio 16.1% → 2.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.55m NOK → 2.25m NOK (-11.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6.39m NOK → 6.68m NOK (53% → 48% of revenue). Calculated