Org.nr 924 058 501 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA MJAALAND AS: årsregnskap 2022 vs 2021

Grew 12% on revenue, returned to profit

approved 2023-03-22; registry 2023-04-19; journal 2023 359641

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA MJAALAND AS. Revenue 2.06m NOK → 2.32m NOK (+12.4%). Net result -15.9k NOK → +618 NOK. Equity 40.9k NOK → 41.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAALAND AS.

Scorecard

Revenue
2.06m NOK 2.32m NOK
+12.4%
Operating result
-15.7k NOK +11.7k NOK
+174.5%
Net result
-15.9k NOK +618 NOK
+103.9%
Equity
40.9k NOK 41.5k NOK
+1.5%
Cash
130.7k NOK 101.9k NOK
-22.0%
Total assets
436.4k NOK 621.7k NOK
+42.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.06m NOK to 2.32m NOK (+12.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -15.7k NOK → +11.7k NOK (op. margin -0.8% → 0.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 15.9k NOK to a profit of 618 NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 130.7k NOK → 101.9k NOK (-22.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.64m NOK → 1.84m NOK (80% → 79% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 28.1k NOK → 7 957 NOK (-71.7% YoY). Calculated