FirmaIQ
Org.nr 992 833 424 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HALVORSEN & CO AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, fresh owner capital

approved 2023-02-27; registry 2023-03-22; journal 2023 331788

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HALVORSEN & CO AS. Revenue 40.06m NOK → 45.87m NOK (+14.5%). Net result +4.08m NOK → +3.45m NOK. Equity 8.58m NOK → 9.44m NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HALVORSEN & CO AS.

At a glance

Scorecard

Revenue
40.06m NOK 45.87m NOK
+14.5%
Operating result
+5.45m NOK +4.22m NOK
-22.6%
Net result
+4.08m NOK +3.45m NOK
-15.4%
Equity
8.58m NOK 9.44m NOK
+10.0%
Cash
612.5k NOK 1.75m NOK
+186.0%
Total assets
19.29m NOK 49.55m NOK
+156.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.06m NOK to 45.87m NOK (+14.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 8.58m NOK → 9.44m NOK (equity ratio 44.5% → 19.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 612.5k NOK → 1.75m NOK (+186.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.72m NOK → 3.41m NOK (+1.69m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5.45m NOK → +4.22m NOK (op. margin 13.6% → 9.2%). Calculated

  • ↓

    Net result weakened

    Net result +4.08m NOK → +3.45m NOK (net margin 10.2% → 7.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 26.01m NOK → 30.12m NOK (65% → 66% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 25 → 30. Reported fact