Org.nr 926 562 479 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HMZ & CO AS: årsregnskap 2022 vs 2021

Grew 53708% on revenue, slipped into loss

approved 2023-04-24; registry 2023-04-26; journal 2023 370380

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HMZ & CO AS. Revenue 5 184 NOK → 2.79m NOK (+53707.8%). Net result +1 405 NOK → -1.10m NOK. Equity 1.44m NOK → 3.33m NOK.

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

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

Scorecard

Revenue
5 184 NOK 2.79m NOK
+53707.8%
Operating result
+1 802 NOK -1.10m NOK
-61152.1%
Net result
+1 405 NOK -1.10m NOK
-78632.4%
Equity
1.44m NOK 3.33m NOK
+132.1%
Cash
2 312 NOK 105.2k NOK
+4449.6%
Total assets
2.78m NOK 807.9k NOK
-70.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 184 NOK to 2.79m NOK (+53707.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.44m NOK → 3.33m NOK (equity ratio 51.7% → 412.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 312 NOK → 105.2k NOK (+4449.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1 802 NOK → -1.10m NOK (op. margin 34.8% → -39.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1 405 NOK profit to a loss of 1.10m NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 NOK → 2.91m NOK (0% → 104% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 214.6k NOK → 422.7k NOK (+97.0% YoY). Calculated