Org.nr 993 785 105 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET BRINDEM AS: årsregnskap 2022 vs 2021

Grew 16% on revenue, returned to profit, cash halved-plus

approved 2023-03-14; registry 2023-05-02; journal 2023 378559

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET BRINDEM AS. Revenue 1.38m NOK → 1.61m NOK (+16.5%). Net result -32.4k NOK → +5.17m NOK. Equity 140.4k NOK → 311.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

Scorecard

Revenue
1.38m NOK 1.61m NOK
+16.5%
Operating result
-28.3k NOK +215.9k NOK
+863.7%
Net result
-32.4k NOK +5.17m NOK
+16080.2%
Equity
140.4k NOK 311.3k NOK
+121.7%
Cash
176.9k NOK 55.2k NOK
-68.8%
Total assets
544.3k NOK 721.5k NOK
+32.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.38m NOK to 1.61m NOK (+16.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -28.3k NOK → +215.9k NOK (op. margin -2.1% → 13.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 32.4k NOK to a profit of 5.17m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 140.4k NOK → 311.3k NOK (equity ratio 25.8% → 43.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 176.9k NOK → 55.2k NOK (-68.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 780.9k NOK → 807.1k NOK (57% → 50% of revenue). Calculated