FirmaIQ
Org.nr 917 502 765 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET SHAH AS: årsregnskap 2022 vs 2021

Grew 22% on revenue, stronger earnings

approved 2023-04-28; registry 2023-05-02; journal 2023 381656

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET SHAH AS. Revenue 5.45m NOK → 6.67m NOK (+22.3%). Net result +1.12m NOK → +1.44m NOK. Equity 1.28m NOK → 1.71m NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SHAH AS.

At a glance

Scorecard

Revenue
5.45m NOK 6.67m NOK
+22.3%
Operating result
+431.2k NOK +1.86m NOK
+330.5%
Net result
+1.12m NOK +1.44m NOK
+28.6%
Equity
1.28m NOK 1.71m NOK
+34.2%
Cash
2.70m NOK 2.12m NOK
-21.4%
Total assets
4.04m NOK 4.05m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.45m NOK to 6.67m NOK (+22.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +431.2k NOK → +1.86m NOK (op. margin 7.9% → 27.8%). Calculated

  • ↑

    Net result improved

    Net result +1.12m NOK → +1.44m NOK (net margin 20.5% → 21.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.28m NOK → 1.71m NOK (equity ratio 31.6% → 42.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.70m NOK → 2.12m NOK (-21.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.79m NOK → 2.99m NOK (51% → 45% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5. Reported fact