FirmaIQ
Org.nr 979 423 438 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET MORTEN PERSEN AS: årsregnskap 2022 vs 2021

Grew 22% on revenue, stronger earnings, cash halved-plus

approved 2023-04-23; registry 2023-05-06; journal 2023 368042

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET MORTEN PERSEN AS. Revenue 1.16m NOK → 1.42m NOK (+22.4%). Net result +9 951 NOK → +251.9k NOK. Equity 831.8k NOK → 1.08m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.16m NOK 1.42m NOK
+22.4%
Operating result
+16.3k NOK +318.7k NOK
+1854.2%
Net result
+9 951 NOK +251.9k NOK
+2431.6%
Equity
831.8k NOK 1.08m NOK
+30.3%
Cash
773.4k NOK 273.6k NOK
-64.6%
Total assets
1.12m NOK 1.45m NOK
+29.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.16m NOK to 1.42m NOK (+22.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +16.3k NOK → +318.7k NOK (op. margin 1.4% → 22.4%). Calculated

  • ↑

    Net result improved

    Net result +9 951 NOK → +251.9k NOK (net margin 0.9% → 17.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 831.8k NOK → 1.08m NOK (equity ratio 74.3% → 74.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 642.0k NOK → 621.5k NOK (55% → 44% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 773.4k NOK → 273.6k NOK (-64.6% YoY). Calculated