Org.nr 920 226 647 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET OSLO LEGAL AS: årsregnskap 2022 vs 2021

Grew 44% on revenue

approved 2023-04-26; registry 2023-05-02; journal 2023 378919

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET OSLO LEGAL AS. Revenue 1.21m NOK → 1.74m NOK (+44.4%). Net result +2 992 NOK → +5 574 NOK. Equity 62.8k NOK → 68.4k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET OSLO LEGAL AS.

Scorecard

Revenue
1.21m NOK 1.74m NOK
+44.4%
Operating result
+8 661 NOK +4 425 NOK
-48.9%
Net result
+2 992 NOK +5 574 NOK
+86.3%
Equity
62.8k NOK 68.4k NOK
+8.9%
Cash
168.8k NOK 176.5k NOK
+4.6%
Total assets
409.7k NOK 743.1k NOK
+81.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.21m NOK to 1.74m NOK (+44.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +2 992 NOK → +5 574 NOK (net margin 0.2% → 0.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 62.8k NOK → 68.4k NOK (equity ratio 15.3% → 9.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 168.8k NOK → 176.5k NOK (+4.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.81m NOK → 1 373 NOK (233% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +8 661 NOK → +4 425 NOK (op. margin 0.7% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation