Org.nr 991 435 271 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-04-28; registry 2023-05-02; journal 2023 381247

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ALVER AS. Revenue 19.13m NOK → 19.65m NOK (+2.7%). Net result +2.37m NOK → +1.52m NOK. Equity 2.04m NOK → 1.75m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ALVER AS.

Scorecard

Revenue
19.13m NOK 19.65m NOK
+2.7%
Operating result
+3.01m NOK +1.95m NOK
-35.4%
Net result
+2.37m NOK +1.52m NOK
-35.8%
Equity
2.04m NOK 1.75m NOK
-14.0%
Cash
399.9k NOK 384.0k NOK
-4.0%
Total assets
8.37m NOK 8.48m NOK
+1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.13m NOK to 19.65m NOK (+2.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.01m NOK → +1.95m NOK (op. margin 15.8% → 9.9%). Calculated

  • ↓

    Net result weakened

    Net result +2.37m NOK → +1.52m NOK (net margin 12.4% → 7.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.04m NOK → 1.75m NOK (equity ratio 24.3% → 20.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 399.9k NOK → 384.0k NOK (-4.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.23m NOK → 12.11m NOK (59% → 62% of revenue). Calculated