Org.nr 990 209 022 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA ØGLÆND & CO AS: årsregnskap 2022 vs 2021

Grew 8% on revenue

approved 2023-03-21; registry 2023-06-01; journal 2023 448718

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA ØGLÆND & CO AS. Revenue 9.23m NOK → 9.97m NOK (+7.9%). Net result +627.9k NOK → +610.7k NOK. Equity 905.0k NOK → 915.7k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA ØGLÆND & CO AS.

Scorecard

Revenue
9.23m NOK 9.97m NOK
+7.9%
Operating result
+798.4k NOK +774.6k NOK
-3.0%
Net result
+627.9k NOK +610.7k NOK
-2.7%
Equity
905.0k NOK 915.7k NOK
+1.2%
Cash
318.2k NOK 444.4k NOK
+39.7%
Total assets
3.79m NOK 4.23m NOK
+11.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.23m NOK to 9.97m NOK (+7.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 905.0k NOK → 915.7k NOK (equity ratio 23.9% → 21.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 318.2k NOK → 444.4k NOK (+39.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +798.4k NOK → +774.6k NOK (op. margin 8.6% → 7.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.66m NOK → 7.27m NOK (72% → 73% of revenue). Calculated