Org.nr 923 116 958 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET GISVOLD AS: årsregnskap 2022 vs 2021

Grew 60% on revenue

registry 2023-03-22; journal 2023 331963

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET GISVOLD AS. Revenue 6.62m NOK → 10.61m NOK (+60.3%). Net result +2.53m NOK → +2.40m NOK. Equity 217.3k NOK → 321.3k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET GISVOLD AS.

Scorecard

Revenue
6.62m NOK 10.61m NOK
+60.3%
Operating result
+3.24m NOK +3.08m NOK
-5.1%
Net result
+2.53m NOK +2.40m NOK
-5.0%
Equity
217.3k NOK 321.3k NOK
+47.9%
Cash
3.67m NOK 3.42m NOK
-6.8%
Total assets
4.67m NOK 3.66m NOK
-21.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.62m NOK to 10.61m NOK (+60.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 217.3k NOK → 321.3k NOK (equity ratio 4.7% → 8.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 984.2k NOK → 203.0k NOK (15% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.24m NOK → +3.08m NOK (op. margin 49.0% → 29.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.67m NOK → 3.42m NOK (-6.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.74m NOK → 5.07m NOK (+191.0% YoY). Calculated