Org.nr 817 896 782 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HEIN BÆRA AS: årsregnskap 2022 vs 2021

Grew 28% on revenue, stronger earnings

approved 2023-03-17; registry 2023-04-24; journal 2023 365882

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HEIN BÆRA AS. Revenue 1.67m NOK → 2.14m NOK (+27.6%). Net result +32.6k NOK → +468.7k NOK. Equity 1.33m NOK → 1.80m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEIN BÆRA AS.

Scorecard

Revenue
1.67m NOK 2.14m NOK
+27.6%
Operating result
+42.2k NOK +603.8k NOK
+1330.3%
Net result
+32.6k NOK +468.7k NOK
+1339.7%
Equity
1.33m NOK 1.80m NOK
+35.2%
Cash
993.4k NOK 693.2k NOK
-30.2%
Total assets
1.62m NOK 2.24m NOK
+37.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.67m NOK to 2.14m NOK (+27.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +42.2k NOK → +603.8k NOK (op. margin 2.5% → 28.3%). Calculated

  • ↑

    Net result improved

    Net result +32.6k NOK → +468.7k NOK (net margin 1.9% → 21.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.33m NOK → 1.80m NOK (equity ratio 82.1% → 80.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 993.4k NOK → 693.2k NOK (-30.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.01m NOK → 2.99m NOK (60% → 140% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 21.7k NOK → 34.0k NOK (+57.1% YoY). Calculated