Org.nr 927 152 037 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET SAAR AS: årsregnskap 2022 vs 2021

Grew 425113% on revenue, stronger earnings

approved 2023-04-23; registry 2023-05-02; journal 2023 378997

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET SAAR AS. Revenue 1 058 NOK → 4.50m NOK (+425112.7%). Net result +221.6k NOK → +887.2k NOK. Equity 8.25m NOK → 1.02m NOK.

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

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

Scorecard

Revenue
1 058 NOK 4.50m NOK
+425112.7%
Operating result
+285.7k NOK +1 155 NOK
-99.6%
Net result
+221.6k NOK +887.2k NOK
+300.3%
Equity
8.25m NOK 1.02m NOK
-87.7%
Cash
477.6k NOK 951.6k NOK
+99.2%
Total assets
1.10m NOK 2.10m NOK
+91.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 058 NOK to 4.50m NOK (+425112.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +221.6k NOK → +887.2k NOK (net margin 20948.0% → 19.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 477.6k NOK → 951.6k NOK (+99.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +285.7k NOK → +1 155 NOK (op. margin 27003.1% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 8.25m NOK → 1.02m NOK (equity ratio 751.9% → 48.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 572 NOK → 2.68m NOK (243% → 60% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1 150 NOK → 47.0k NOK (+3986.5% YoY). Calculated