FirmaIQ
Org.nr 913 871 618 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA GEIRR FRØNES AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-04-24; registry 2023-04-27; journal 2023 373445

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA GEIRR FRØNES AS. Revenue 3.00m NOK → 3.09m NOK (+2.8%). Net result +305.9k NOK → +402.2k NOK. Equity 806.3k NOK → 1.01m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA GEIRR FRØNES AS.

At a glance

Scorecard

Revenue
3.00m NOK 3.09m NOK
+2.8%
Operating result
+387.7k NOK +514.2k NOK
+32.6%
Net result
+305.9k NOK +402.2k NOK
+31.5%
Equity
806.3k NOK 1.01m NOK
+25.1%
Cash
633.5k NOK 798.8k NOK
+26.1%
Total assets
1.47m NOK 1.59m NOK
+7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.00m NOK to 3.09m NOK (+2.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +387.7k NOK → +514.2k NOK (op. margin 12.9% → 16.7%). Calculated

  • ↑

    Net result improved

    Net result +305.9k NOK → +402.2k NOK (net margin 10.2% → 13.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 806.3k NOK → 1.01m NOK (equity ratio 54.7% → 63.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 633.5k NOK → 798.8k NOK (+26.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.73m NOK → 1.88m NOK (58% → 61% of revenue). Calculated