ADVOKATFIRMAET HERMANSEN AS: årsregnskap 2022 vs 2021
Grew 12% on revenue, weaker earnings
approved 2023-04-26; registry 2023-05-02; journal 2023 379946
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HERMANSEN AS. Revenue 2.10m NOK → 2.36m NOK (+12.2%). Net result +117.1k NOK → +71.8k NOK. Equity 417.0k NOK → 400.7k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HERMANSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.10m NOK to 2.36m NOK (+12.2% YoY). Calculated
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↑
Cash rose
Bank deposits 46.8k NOK → 116.6k NOK (+149.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.29× → 1.76×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +177.2k NOK → +123.6k NOK (op. margin 8.4% → 5.2%). Calculated
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↓
Net result weakened
Net result +117.1k NOK → +71.8k NOK (net margin 5.6% → 3.0%). Calculated
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↓
Equity eroded
Book equity 417.0k NOK → 400.7k NOK (equity ratio 149.6% → 45.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 175 NOK → 1.17m NOK (0% → 50% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 20.8k NOK → 65.5k NOK (+215.2% YoY). Calculated