FirmaIQ
Org.nr 912 829 022 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA MJAASETH AS: årsregnskap 2022 vs 2021

Grew 45% on revenue, stronger earnings

registry 2023-03-15; journal 2023 324973

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA MJAASETH AS. Revenue 1.83m NOK → 2.65m NOK (+44.6%). Net result +22.2k NOK → +136.5k NOK. Equity 11.58m NOK → 721.1k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAASETH AS.

At a glance

Scorecard

Revenue
1.83m NOK 2.65m NOK
+44.6%
Operating result
+39.9k NOK +152.1k NOK
+281.5%
Net result
+22.2k NOK +136.5k NOK
+515.2%
Equity
11.58m NOK 721.1k NOK
-93.8%
Cash
917.7k NOK 820.6k NOK
-10.6%
Total assets
7.71m NOK 2.40m NOK
-68.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.83m NOK to 2.65m NOK (+44.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +39.9k NOK → +152.1k NOK (op. margin 2.2% → 5.7%). Calculated

  • ↑

    Net result improved

    Net result +22.2k NOK → +136.5k NOK (net margin 1.2% → 5.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.58m NOK → 721.1k NOK (equity ratio 150.3% → 30.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 917.7k NOK → 820.6k NOK (-10.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 349.9k NOK → 257.4k NOK. Reported fact