Org.nr 913 857 372 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA MÆLAND & CO AS: årsregnskap 2022 vs 2021

Grew 29% on revenue, stronger earnings

approved 2023-04-24; registry 2023-04-27; journal 2023 373041

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA MÆLAND & CO AS. Revenue 7.58m NOK → 9.79m NOK (+29.2%). Net result +1.88m NOK → +2.33m NOK. Equity 4.74m NOK → 5.06m NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MÆLAND & CO AS.

Scorecard

Revenue
7.58m NOK 9.79m NOK
+29.2%
Operating result
+2.39m NOK +2.95m NOK
+23.2%
Net result
+1.88m NOK +2.33m NOK
+23.8%
Equity
4.74m NOK 5.06m NOK
+6.9%
Cash
3.38m NOK 5.40m NOK
+59.5%
Total assets
7.49m NOK 10.26m NOK
+36.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.58m NOK to 9.79m NOK (+29.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.39m NOK → +2.95m NOK (op. margin 31.6% → 30.1%). Calculated

  • ↑

    Net result improved

    Net result +1.88m NOK → +2.33m NOK (net margin 24.8% → 23.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.74m NOK → 5.06m NOK (equity ratio 63.2% → 49.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.38m NOK → 5.40m NOK (+59.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.63m NOK → 4.76m NOK (48% → 49% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 186.2k NOK → 533.4k NOK (+186.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 4. Reported fact