Org.nr 991 556 664 2021 → 2022 Year-over-year analysis

ADVOKATENE HOVDE MNA AS: årsregnskap 2022 vs 2021

Grew 6% on revenue, stronger earnings

approved 2023-04-28; registry 2023-05-04; journal 2023 384813

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATENE HOVDE MNA AS. Revenue 3.42m NOK → 3.63m NOK (+6.2%). Net result +96.6k NOK → +5.49m NOK. Equity 1.22m NOK → 1.21m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
3.42m NOK 3.63m NOK
+6.2%
Operating result
+118.9k NOK +623.5k NOK
+424.5%
Net result
+96.6k NOK +5.49m NOK
+5584.7%
Equity
1.22m NOK 1.21m NOK
-0.9%
Cash
995.1k NOK 983.0k NOK
-1.2%
Total assets
2.37m NOK 2.64m NOK
+11.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.42m NOK to 3.63m NOK (+6.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +118.9k NOK → +623.5k NOK (op. margin 3.5% → 17.2%). Calculated

  • ↑

    Net result improved

    Net result +96.6k NOK → +5.49m NOK (net margin 2.8% → 151.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.35m NOK → 1.97m NOK (69% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.22m NOK → 1.21m NOK (equity ratio 51.4% → 45.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 995.1k NOK → 983.0k NOK (-1.2% YoY). Calculated