FirmaIQ
Org.nr 998 582 849 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HOLTER AS: årsregnskap 2022 vs 2021

Grew 198795% on revenue, stronger earnings

approved 2023-07-11; registry 2023-07-13; journal 2023 613551

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HOLTER AS. Revenue 905 NOK → 1.80m NOK (+198795.0%). Net result +188.0k NOK → +299.0k NOK. Equity 759.2k NOK → 58.2k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOLTER AS.

At a glance

Scorecard

Revenue
905 NOK 1.80m NOK
+198795.0%
Operating result
+265.4k NOK +394.1k NOK
+48.5%
Net result
+188.0k NOK +299.0k NOK
+59.1%
Equity
759.2k NOK 58.2k NOK
-92.3%
Cash
114.5k NOK 485.6k NOK
+324.2%
Total assets
1.67m NOK 2.07m NOK
+23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 905 NOK to 1.80m NOK (+198795.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +265.4k NOK → +394.1k NOK (op. margin 29320.7% → 21.9%). Calculated

  • ↑

    Net result improved

    Net result +188.0k NOK → +299.0k NOK (net margin 20769.0% → 16.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 114.5k NOK → 485.6k NOK (+324.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 759.2k NOK → 58.2k NOK (equity ratio 45.5% → 2.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 889.4k NOK → 994.4k NOK. Reported fact