FirmaIQ
Org.nr 981 459 326 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET BULL AS: årsregnskap 2022 vs 2021

Grew 10% on revenue, weaker earnings

approved 2023-04-26; registry 2023-05-06; journal 2023 377982

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET BULL AS. Revenue 159.02m NOK → 174.89m NOK (+10.0%). Net result +2.56m NOK → +1.76m NOK. Equity 53.20m NOK → 56.32m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. 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 BULL AS.

At a glance

Scorecard

Revenue
159.02m NOK 174.89m NOK
+10.0%
Operating result
+3.54m NOK +2.94m NOK
-16.8%
Net result
+2.56m NOK +1.76m NOK
-31.4%
Equity
53.20m NOK 56.32m NOK
+5.9%
Cash
6.77m NOK 5.99m NOK
-11.5%
Total assets
77.20m NOK 89.25m NOK
+15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 159.02m NOK to 174.89m NOK (+10.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 53.20m NOK → 56.32m NOK (equity ratio 68.9% → 63.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 48.75m NOK → 52.81m NOK (+4.06m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.54m NOK → +2.94m NOK (op. margin 2.2% → 1.7%). Calculated

  • ↓

    Net result weakened

    Net result +2.56m NOK → +1.76m NOK (net margin 1.6% → 1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.77m NOK → 5.99m NOK (-11.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 60.05m NOK → 81.84m NOK (38% → 47% of revenue). Calculated