Org.nr 924 526 777 2021 → 2022 Year-over-year analysis

ADVOKATSELSKAPET HOAAS AS: årsregnskap 2022 vs 2021

Shrank 23% on revenue, returned to profit, cash halved-plus

approved 2023-04-27; registry 2023-05-02; journal 2023 379383

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATSELSKAPET HOAAS AS. Revenue 1.46m NOK → 1.12m NOK (-23.1%). Net result -55.4k NOK → +55.8k NOK. Equity 165.4k NOK → 221.2k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.46m NOK 1.12m NOK
-23.1%
Operating result
-64.9k NOK +91.1k NOK
+240.3%
Net result
-55.4k NOK +55.8k NOK
+200.6%
Equity
165.4k NOK 221.2k NOK
+33.7%
Cash
182.0k NOK 24.6k NOK
-86.5%
Total assets
476.6k NOK 605.8k NOK
+27.1%

What improved

  • ↑

    Operating result improved

    Operating result -64.9k NOK → +91.1k NOK (op. margin -4.5% → 8.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 55.4k NOK to a profit of 55.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 165.4k NOK → 221.2k NOK (equity ratio 34.7% → 36.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.46m NOK to 1.12m NOK (-23.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 182.0k NOK → 24.6k NOK (-86.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.03m NOK → 1.52m NOK (71% → 135% of revenue). Calculated