Org.nr 920 771 335 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA SIMONSEN OG RANA AS: årsregnskap 2022 vs 2021

Grew 107% on revenue, stronger earnings

approved 2023-05-26; registry 2023-06-01; journal 2023 447963

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA SIMONSEN OG RANA AS. Revenue 1.01m NOK → 2.08m NOK (+106.6%). Net result +44.0k NOK → +494.4k NOK. Equity 512.2k NOK → 1.01m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA SIMONSEN OG RANA AS.

Scorecard

Revenue
1.01m NOK 2.08m NOK
+106.6%
Operating result
+62.4k NOK +689.2k NOK
+1004.7%
Net result
+44.0k NOK +494.4k NOK
+1023.5%
Equity
512.2k NOK 1.01m NOK
+96.5%
Cash
806.7k NOK 646.5k NOK
-19.9%
Total assets
984.7k NOK 446.6k NOK
-54.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.01m NOK to 2.08m NOK (+106.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +62.4k NOK → +689.2k NOK (op. margin 6.2% → 33.1%). Calculated

  • ↑

    Net result improved

    Net result +44.0k NOK → +494.4k NOK (net margin 4.4% → 23.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 512.2k NOK → 1.01m NOK (equity ratio 52.0% → 225.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 806.7k NOK → 646.5k NOK (-19.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.54m NOK → 2.74m NOK (252% → 132% of revenue). Calculated