ADVOKATFIRMAET JØRSTAD AS: årsregnskap 2022 vs 2021
Grew 10% on revenue, weaker earnings
approved 2023-04-28; registry 2023-05-03; journal 2023 382349
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET JØRSTAD AS. Revenue 4.32m NOK → 4.73m NOK (+9.6%). Net result +116.7k NOK → +50.3k NOK. Equity 383.1k NOK → 433.4k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET JØRSTAD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.32m NOK to 4.73m NOK (+9.6% YoY). Calculated
-
↑
Equity strengthened
Book equity 383.1k NOK → 433.4k NOK (equity ratio 22.9% → 19.5%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +180.3k NOK → +101.7k NOK (op. margin 4.2% → 2.1%). Calculated
-
↓
Net result weakened
Net result +116.7k NOK → +50.3k NOK (net margin 2.7% → 1.1%). Calculated
-
↓
Cash fell
Bank deposits 144.6k NOK → 141.3k NOK (-2.3% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.86m NOK → 3.14m NOK (66% → 66% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 61.7k NOK → 151.4k NOK (+145.1% YoY). Calculated