FirmaIQ
Org.nr 923 886 966 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET BREDESEN AS: årsregnskap 2022 vs 2021

Grew 72% on revenue, weaker earnings

approved 2023-04-14; registry 2023-04-19; journal 2023 358587

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET BREDESEN AS. Revenue 1.45m NOK → 2.50m NOK (+72.3%). Net result +302.6k NOK → +183.7k NOK. Equity 450.5k NOK → 634.3k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
1.45m NOK 2.50m NOK
+72.3%
Operating result
+397.3k NOK +257.5k NOK
-35.2%
Net result
+302.6k NOK +183.7k NOK
-39.3%
Equity
450.5k NOK 634.3k NOK
+40.8%
Cash
710.6k NOK 426.1k NOK
-40.0%
Total assets
122.4k NOK 1.59m NOK
+1201.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.45m NOK to 2.50m NOK (+72.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 450.5k NOK → 634.3k NOK (equity ratio 368.0% → 39.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 1.61×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +397.3k NOK → +257.5k NOK (op. margin 27.4% → 10.3%). Calculated

  • ↓

    Net result weakened

    Net result +302.6k NOK → +183.7k NOK (net margin 20.8% → 7.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 710.6k NOK → 426.1k NOK (-40.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 626.2k NOK → 1.42m NOK (43% → 57% of revenue). Calculated