FirmaIQ
Org.nr 986 420 177 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HAAVIND AS: årsregnskap 2022 vs 2021

Grew 6% on revenue

approved 2023-04-12; registry 2023-04-27; journal 2023 371972

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HAAVIND AS. Revenue 545.24m NOK → 580.39m NOK (+6.4%). Net result +3.76m NOK → +3.84m NOK. Equity 33.88m NOK → 36.87m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
545.24m NOK 580.39m NOK
+6.4%
Operating result
+275.38m NOK +277.82m NOK
+0.9%
Net result
+3.76m NOK +3.84m NOK
+2.3%
Equity
33.88m NOK 36.87m NOK
+8.8%
Cash
106.83m NOK 87.98m NOK
-17.6%
Total assets
312.65m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 545.24m NOK to 580.39m NOK (+6.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +275.38m NOK → +277.82m NOK (op. margin 50.5% → 47.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 33.88m NOK → 36.87m NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.31m NOK → 3.64m NOK (+336.5k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 106.83m NOK → 87.98m NOK (-17.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.06× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 NOK → 2.21bn NOK (0% → 381% of revenue). Calculated