Org.nr 922 916 829 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ALGEROY AS: årsregnskap 2022 vs 2021

Grew 56% on revenue, weaker earnings

approved 2023-04-06; registry 2023-04-13; journal 2023 349484

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ALGEROY AS. Revenue 1.46m NOK → 2.28m NOK (+56.3%). Net result +208.6k NOK → +146.3k NOK. Equity 238.6k NOK → 176.9k NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ALGEROY AS.

Scorecard

Revenue
1.46m NOK 2.28m NOK
+56.3%
Operating result
+280.0k NOK +212.8k NOK
-24.0%
Net result
+208.6k NOK +146.3k NOK
-29.9%
Equity
238.6k NOK 176.9k NOK
-25.9%
Cash
211.3k NOK 118.3k NOK
-44.0%
Total assets
929.8k NOK 656.5k NOK
-29.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.46m NOK to 2.28m NOK (+56.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +280.0k NOK → +212.8k NOK (op. margin 19.2% → 9.3%). Calculated

  • ↓

    Net result weakened

    Net result +208.6k NOK → +146.3k NOK (net margin 14.3% → 6.4%). Calculated

  • ↓

    Equity eroded

    Book equity 238.6k NOK → 176.9k NOK (equity ratio 25.7% → 27.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 211.3k NOK → 118.3k NOK (-44.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 822.3k NOK → 1.49m NOK (56% → 65% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact