Org.nr 996 467 511 2021 → 2022 Year-over-year analysis

ADVOKATORIET AS: årsregnskap 2022 vs 2021

Grew 25% on revenue, stronger earnings

approved 2023-04-24; registry 2023-05-02; journal 2023 379610

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATORIET AS. Revenue 3.38m NOK → 4.22m NOK (+25.0%). Net result +432.1k NOK → +998.5k NOK. Equity 796.2k NOK → 194.7k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATORIET AS.

Scorecard

Revenue
3.38m NOK 4.22m NOK
+25.0%
Operating result
+558.9k NOK +302.1k NOK
-46.0%
Net result
+432.1k NOK +998.5k NOK
+131.1%
Equity
796.2k NOK 194.7k NOK
-75.5%
Cash
608.2k NOK 923.0k NOK
+51.7%
Total assets
1.32m NOK 1.91m NOK
+44.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.38m NOK to 4.22m NOK (+25.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +432.1k NOK → +998.5k NOK (net margin 12.8% → 23.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 608.2k NOK → 923.0k NOK (+51.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +558.9k NOK → +302.1k NOK (op. margin 16.5% → 7.2%). Calculated

  • ↓

    Equity eroded

    Book equity 796.2k NOK → 194.7k NOK (equity ratio 60.2% → 10.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 35.6k NOK → 44.1k NOK (+23.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 72.8k NOK → 34.8k NOK. Reported fact