Org.nr 992 564 342 2021 → 2022 Year-over-year analysis

ADVOKATHUSET BREIVIK AS: årsregnskap 2022 vs 2021

Grew 24% on revenue, stronger earnings

approved 2023-05-01; registry 2023-05-06; journal 2023 383737

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATHUSET BREIVIK AS. Revenue 2.41m NOK → 2.99m NOK (+23.8%). Net result +55.4k NOK → +3.19m NOK. Equity 289.7k NOK → 476.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

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

Scorecard

Revenue
2.41m NOK 2.99m NOK
+23.8%
Operating result
+72.2k NOK +239.9k NOK
+232.3%
Net result
+55.4k NOK +3.19m NOK
+5656.1%
Equity
289.7k NOK 476.5k NOK
+64.5%
Cash
299.6k NOK 401.0k NOK
+33.8%
Total assets
822.8k NOK 52.3k NOK
-93.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.41m NOK to 2.99m NOK (+23.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +72.2k NOK → +239.9k NOK (op. margin 3.0% → 8.0%). Calculated

  • ↑

    Net result improved

    Net result +55.4k NOK → +3.19m NOK (net margin 2.3% → 106.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 289.7k NOK → 476.5k NOK (equity ratio 35.2% → 911.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 299.6k NOK → 401.0k NOK (+33.8% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.51× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.94m NOK → 2.32m NOK (80% → 78% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3 370 NOK → 12.0k NOK (+256.2% YoY). Calculated