Org.nr 917 557 128 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ALM AS: årsregnskap 2022 vs 2021

Grew 335% on revenue, returned to profit

approved 2023-05-02; registry 2023-05-04; journal 2023 385785

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ALM AS. Revenue 223.2k NOK → 971.4k NOK (+335.2%). Net result -153.1k NOK → +201.2k NOK. Equity 274.1k NOK → 475.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET ALM AS.

Scorecard

Revenue
223.2k NOK 971.4k NOK
+335.2%
Operating result
-154.4k NOK +221.2k NOK
+243.3%
Net result
-153.1k NOK +201.2k NOK
+231.4%
Equity
274.1k NOK 475.3k NOK
+73.4%
Cash
239.2k NOK 615.4k NOK
+157.2%
Total assets
400.8k NOK 285.1k NOK
-28.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 223.2k NOK to 971.4k NOK (+335.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -154.4k NOK → +221.2k NOK (op. margin -69.2% → 22.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 153.1k NOK to a profit of 201.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 274.1k NOK → 475.3k NOK (equity ratio 68.4% → 166.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 239.2k NOK → 615.4k NOK (+157.2% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.16× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 214.8k NOK → 372.5k NOK (96% → 38% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7 221 NOK → 172.5k NOK (+2288.4% YoY). Calculated