ADVOKATENE PÅ NORDSTRAND AS: årsregnskap 2022 vs 2021
Shrank 8% on revenue, stronger earnings
approved 2023-03-06; registry 2023-03-13; journal 2023 322477
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATENE PÅ NORDSTRAND AS. Revenue 3.86m NOK → 3.55m NOK (-8.1%). Net result +1.02m NOK → +3.61m NOK. Equity 2.34m NOK → 1.82m NOK.
On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATENE PÅ NORDSTRAND AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +306.7k NOK → +758.2k NOK (op. margin 7.9% → 21.4%). Calculated
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Net result improved
Net result +1.02m NOK → +3.61m NOK (net margin 26.5% → 101.6%). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 3.73×. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.86m NOK to 3.55m NOK (-8.1% YoY). Calculated
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Equity eroded
Book equity 2.34m NOK → 1.82m NOK (equity ratio 77.6% → 75.1%). Calculated
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Cash fell
Bank deposits 2.26m NOK → 1.50m NOK (-33.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1.72m NOK → 1.90m NOK (44% → 54% of revenue). Calculated
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COGS moved
COGS / varekostnad 219.4k NOK → 230.5k NOK (+5.1% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 49.9k NOK → 101.1k NOK. Reported fact