Org.nr 925 573 698 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA M LEGAL AS: årsregnskap 2022 vs 2021

Grew 53% on revenue, weaker earnings

approved 2023-04-14; registry 2023-05-02; journal 2023 381668

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA M LEGAL AS. Revenue 4.20m NOK → 6.40m NOK (+52.6%). Net result +2.60m NOK → +592.4k NOK. Equity 104.9k NOK → 297.3k NOK.

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

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA M LEGAL AS.

Scorecard

Revenue
4.20m NOK 6.40m NOK
+52.6%
Operating result
+760.8k NOK +746.5k NOK
-1.9%
Net result
+2.60m NOK +592.4k NOK
-77.2%
Equity
104.9k NOK 297.3k NOK
+183.3%
Cash
831.5k NOK 639.8k NOK
-23.1%
Total assets
1.87m NOK 2.53m NOK
+35.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.20m NOK to 6.40m NOK (+52.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 104.9k NOK → 297.3k NOK (equity ratio 5.6% → 11.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +760.8k NOK → +746.5k NOK (op. margin 18.1% → 11.7%). Calculated

  • ↓

    Net result weakened

    Net result +2.60m NOK → +592.4k NOK (net margin 61.9% → 9.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 831.5k NOK → 639.8k NOK (-23.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.80m NOK → 4.71m NOK (67% → 74% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 960.8k NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 3. Reported fact