ADVOKATFIRMAET HTD AS: årsregnskap 2022 vs 2021
Grew 7% on revenue, weaker earnings
approved 2023-02-24; registry 2023-03-04; journal 2023 316249
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HTD AS. Revenue 2.15m NOK → 2.30m NOK (+6.6%). Net result +878.68m NOK → +686.1k NOK. Equity 261.0k NOK → 1.65m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HTD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.15m NOK to 2.30m NOK (+6.6% YoY). Calculated
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Operating result improved
Operating result +11.7k NOK → +997.4k NOK (op. margin 0.5% → 43.4%). Calculated
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Equity strengthened
Book equity 261.0k NOK → 1.65m NOK (equity ratio 11.7% → 64.2%). Calculated
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Cash rose
Bank deposits 142.8k NOK → 909.6k NOK (+536.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.22× → 2.79×. Calculated
What deteriorated
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↓
Net result weakened
Net result +878.68m NOK → +686.1k NOK (net margin 40778.4% → 29.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 858.2k NOK → 1.07m NOK (40% → 47% of revenue). Calculated
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COGS fell
COGS / varekostnad 89.7k NOK → 516 NOK (-99.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 699.3k NOK → 0 NOK. Reported fact