FirmaIQ
Org.nr 987 941 065 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ELVENES AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-04-28; registry 2023-05-02; journal 2023 379695

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ELVENES AS. Revenue 1.49m NOK → 1.51m NOK (+1.7%). Net result -128.3k NOK → -90.9k NOK. Equity 748.2k NOK → 657.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.49m NOK 1.51m NOK
+1.7%
Operating result
-164.8k NOK -118.4k NOK
+28.2%
Net result
-128.3k NOK -90.9k NOK
+29.2%
Equity
748.2k NOK 657.3k NOK
-12.1%
Cash
407.5k NOK 450.6k NOK
+10.6%
Total assets
1.43m NOK 1.23m NOK
-13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.49m NOK to 1.51m NOK (+1.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -164.8k NOK → -118.4k NOK (op. margin -11.1% → -7.8%). Calculated

  • ↑

    Net result improved

    Net result -128.3k NOK → -90.9k NOK (net margin -8.6% → -6.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 407.5k NOK → 450.6k NOK (+10.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 970.9k NOK → 895.6k NOK (65% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 748.2k NOK → 657.3k NOK (equity ratio 52.5% → 53.3%). Calculated