Org.nr 992 617 853 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ANGELSHAUG & CO AS: årsregnskap 2022 vs 2021

Grew 8% on revenue, weaker earnings

approved 2023-04-25; registry 2023-04-29; journal 2023 374862

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ANGELSHAUG & CO AS. Revenue 9.04m NOK → 9.79m NOK (+8.4%). Net result +238.3k NOK → +57.2k NOK. Equity 638.2k NOK → 695.4k 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 ADVOKATFIRMAET ANGELSHAUG & CO AS.

Scorecard

Revenue
9.04m NOK 9.79m NOK
+8.4%
Operating result
+328.2k NOK +146.3k NOK
-55.4%
Net result
+238.3k NOK +57.2k NOK
-76.0%
Equity
638.2k NOK 695.4k NOK
+9.0%
Cash
64.6k NOK 318.9k NOK
+393.9%
Total assets
4.20m NOK 12.0k NOK
-99.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.04m NOK to 9.79m NOK (+8.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 638.2k NOK → 695.4k NOK (equity ratio 15.2% → 5811.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 64.6k NOK → 318.9k NOK (+393.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +328.2k NOK → +146.3k NOK (op. margin 3.6% → 1.5%). Calculated

  • ↓

    Net result weakened

    Net result +238.3k NOK → +57.2k NOK (net margin 2.6% → 0.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.51m NOK → 7.11m NOK (72% → 73% of revenue). Calculated