FirmaIQ
Org.nr 971 510 684 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, stronger earnings

approved 2023-04-24; registry 2023-05-02; journal 2023 376902

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 9.14m NOK → 8.32m NOK (-9.0%). Net result +610.7k NOK → +774.2k NOK. Equity 1.82m NOK → 1.59m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET PEDERSEN, REIER & CO AS.

At a glance

Scorecard

Revenue
9.14m NOK 8.32m NOK
-9.0%
Operating result
+780.3k NOK +992.4k NOK
+27.2%
Net result
+610.7k NOK +774.2k NOK
+26.8%
Equity
1.82m NOK 1.59m NOK
-12.4%
Cash
2.97m NOK 3.32m NOK
+11.7%
Total assets
4.73m NOK 5.02m NOK
+6.3%

What improved

  • ↑

    Operating result improved

    Operating result +780.3k NOK → +992.4k NOK (op. margin 8.5% → 11.9%). Calculated

  • ↑

    Net result improved

    Net result +610.7k NOK → +774.2k NOK (net margin 6.7% → 9.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.97m NOK → 3.32m NOK (+11.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.15m NOK → 5.08m NOK (67% → 61% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.14m NOK to 8.32m NOK (-9.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.82m NOK → 1.59m NOK (equity ratio 38.5% → 31.7%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 5.25. Reported fact