Org.nr 984 071 329 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2022 vs 2021

Grew 37% on revenue, returned to profit

approved 2023-03-31; registry 2023-04-13; journal 2023 351136

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET RØED AS. Revenue 1.34m NOK → 1.84m NOK (+37.0%). Net result -122.2k NOK → +67.8k NOK. Equity 61.3k NOK → 129.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET RØED AS.

Scorecard

Revenue
1.34m NOK 1.84m NOK
+37.0%
Operating result
-120.2k NOK +66.5k NOK
+155.3%
Net result
-122.2k NOK +67.8k NOK
+155.5%
Equity
61.3k NOK 129.1k NOK
+110.5%
Cash
171.7k NOK 251.8k NOK
+46.7%
Total assets
403.2k NOK 694.7k NOK
+72.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.34m NOK to 1.84m NOK (+37.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -120.2k NOK → +66.5k NOK (op. margin -9.0% → 3.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 122.2k NOK to a profit of 67.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 61.3k NOK → 129.1k NOK (equity ratio 15.2% → 18.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 171.7k NOK → 251.8k NOK (+46.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 898.8k NOK → 1.34m NOK (67% → 73% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 46.7k NOK → 26.9k NOK (-42.3% YoY). Calculated