FirmaIQ
Org.nr 997 318 013 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET KVASSTIND AS: årsregnskap 2022 vs 2021

Grew 9% on revenue

approved 2023-04-24; registry 2023-05-02; journal 2023 380927

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET KVASSTIND AS. Revenue 9.72m NOK → 10.59m NOK (+8.9%). Net result +3.29m NOK → +3.70m NOK. Equity 7.74m NOK → 3.82m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET KVASSTIND AS.

At a glance

Scorecard

Revenue
9.72m NOK 10.59m NOK
+8.9%
Operating result
+4.21m NOK +4.70m NOK
+11.7%
Net result
+3.29m NOK +3.70m NOK
+12.5%
Equity
7.74m NOK 3.82m NOK
-50.7%
Cash
7.69m NOK 6.16m NOK
-20.0%
Total assets
9.78m NOK 9.35m NOK
-4.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.72m NOK to 10.59m NOK (+8.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.21m NOK → +4.70m NOK (op. margin 43.3% → 44.4%). Calculated

  • ↑

    Net result improved

    Net result +3.29m NOK → +3.70m NOK (net margin 33.9% → 35.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.74m NOK → 3.82m NOK (equity ratio 79.2% → 40.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.69m NOK → 6.16m NOK (-20.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.17m NOK → 4.44m NOK (43% → 42% of revenue). Calculated