Org.nr 992 533 056 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET CARL-CHRISTIAN GRYTHE HOFF AS: årsregnskap 2022 vs 2021

Shrank 10% on revenue, weaker earnings

approved 2023-04-29; registry 2023-05-03; journal 2023 382351

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET CARL-CHRISTIAN GRYTHE HOFF AS. Revenue 2.29m NOK → 2.06m NOK (-10.3%). Net result +459.0k NOK → +338.5k NOK. Equity 2.60m NOK → 2.94m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.29m NOK 2.06m NOK
-10.3%
Operating result
+578.6k NOK +409.5k NOK
-29.2%
Net result
+459.0k NOK +338.5k NOK
-26.3%
Equity
2.60m NOK 2.94m NOK
+13.0%
Cash
2.24m NOK 2.67m NOK
+19.2%
Total assets
3.23m NOK 3.44m NOK
+6.7%

What improved

  • ↑

    Equity strengthened

    Book equity 2.60m NOK → 2.94m NOK (equity ratio 80.6% → 85.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.24m NOK → 2.67m NOK (+19.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.47m NOK → 1.39m NOK (64% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.29m NOK to 2.06m NOK (-10.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +578.6k NOK → +409.5k NOK (op. margin 25.3% → 19.9%). Calculated

  • ↓

    Net result weakened

    Net result +459.0k NOK → +338.5k NOK (net margin 20.0% → 16.5%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 10.2k NOK → 33.7k NOK (+230.4% YoY). Calculated