Org.nr 928 070 298 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET KVANVIK & SCHJETNE AS: årsregnskap 2022 vs 2021

Grew 29% on revenue, stronger earnings

approved 2023-04-28; registry 2023-05-06; journal 2023 381737

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET KVANVIK & SCHJETNE AS. Revenue 175.1k NOK → 226.7k NOK (+29.5%). Net result +60.5k NOK → +249.3k NOK. Equity 90.5k NOK → 339.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KVANVIK & SCHJETNE AS.

Scorecard

Revenue
175.1k NOK 226.7k NOK
+29.5%
Operating result
+77.6k NOK +319.7k NOK
+312.1%
Net result
+60.5k NOK +249.3k NOK
+312.1%
Equity
90.5k NOK 339.8k NOK
+275.5%
Cash
247.0k NOK 873.2k NOK
+253.6%
Total assets
508.0k NOK 198.0k NOK
-61.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 175.1k NOK to 226.7k NOK (+29.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +77.6k NOK → +319.7k NOK (op. margin 44.3% → 141.0%). Calculated

  • ↑

    Net result improved

    Net result +60.5k NOK → +249.3k NOK (net margin 34.6% → 110.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 90.5k NOK → 339.8k NOK (equity ratio 17.8% → 171.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 247.0k NOK → 873.2k NOK (+253.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.18× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact