ADVOKATFIRMAET TVETER OG KLØVFJELL AS: årsregnskap 2022 vs 2021
Grew 14% on revenue, weaker earnings
approved 2023-04-27; registry 2023-05-02; journal 2023 379842
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET TVETER OG KLØVFJELL AS. Revenue 15.57m NOK → 17.77m NOK (+14.1%). Net result +9.13m NOK → +1.74m NOK. Equity 2.78m NOK → 4.52m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET TVETER OG KLØVFJELL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.57m NOK to 17.77m NOK (+14.1% YoY). Calculated
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↑
Operating result improved
Operating result +359.0k NOK → +383.3k NOK (op. margin 2.3% → 2.2%). Calculated
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↑
Equity strengthened
Book equity 2.78m NOK → 4.52m NOK (equity ratio 50.5% → 53.4%). Calculated
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Cash rose
Bank deposits 2.08m NOK → 2.82m NOK (+35.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 11.51m NOK → 10.66m NOK (74% → 60% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +9.13m NOK → +1.74m NOK (net margin 58.6% → 9.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 18.4k NOK → 13.4k NOK. Reported fact