Org.nr 991 593 322 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2022 vs 2021

Grew 11% on revenue, weaker earnings

approved 2023-04-27; registry 2023-05-02; journal 2023 379968

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.26m NOK → 1.40m NOK (+10.9%). Net result +47.2k NOK → +22.9k NOK. Equity 264.2k NOK → 287.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.

Scorecard

Revenue
1.26m NOK 1.40m NOK
+10.9%
Operating result
+58.5k NOK +29.3k NOK
-49.9%
Net result
+47.2k NOK +22.9k NOK
-51.6%
Equity
264.2k NOK 287.0k NOK
+8.7%
Cash
118.9k NOK 156.0k NOK
+31.2%
Total assets
529.9k NOK 476.7k NOK
-10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.26m NOK to 1.40m NOK (+10.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 264.2k NOK → 287.0k NOK (equity ratio 49.9% → 60.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 118.9k NOK → 156.0k NOK (+31.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +58.5k NOK → +29.3k NOK (op. margin 4.6% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +47.2k NOK → +22.9k NOK (net margin 3.7% → 1.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 721.9k NOK → 868.0k NOK (57% → 62% of revenue). Calculated