FirmaIQ
Org.nr 926 876 600 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HEMNES AS: årsregnskap 2022 vs 2021

Grew 403% on revenue, stronger earnings

registry 2023-05-06; journal 2023 375501

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HEMNES AS. Revenue 574.1k NOK → 2.89m NOK (+402.6%). Net result +139.1k NOK → +678.4k NOK. Equity 2.18m NOK → 861.9k NOK.

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

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

At a glance

Scorecard

Revenue
574.1k NOK 2.89m NOK
+402.6%
Operating result
+178.3k NOK +891.7k NOK
+400.1%
Net result
+139.1k NOK +678.4k NOK
+387.8%
Equity
2.18m NOK 861.9k NOK
-60.5%
Cash
134.5k NOK 553.8k NOK
+311.7%
Total assets
686.0k NOK 45.8k NOK
-93.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 574.1k NOK to 2.89m NOK (+402.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +178.3k NOK → +891.7k NOK (op. margin 31.1% → 30.9%). Calculated

  • ↑

    Net result improved

    Net result +139.1k NOK → +678.4k NOK (net margin 24.2% → 23.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 134.5k NOK → 553.8k NOK (+311.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.18m NOK → 861.9k NOK (equity ratio 318.3% → 1881.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 289 NOK → 1.48m NOK (0% → 51% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 362 NOK → 40.9k NOK (+11207.5% YoY). Calculated