Org.nr 923 559 841 2021 → 2022 Year-over-year analysis

AGP ADVOKATER AS: årsregnskap 2022 vs 2021

Grew 7% on revenue

approved 2023-04-20; registry 2023-04-24; journal 2023 364020

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGP ADVOKATER AS. Revenue 58.74m NOK → 62.67m NOK (+6.7%). Net result +2.00m NOK → +2.00m NOK. Equity 900 NOK → 1 000 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGP ADVOKATER AS.

Scorecard

Revenue
58.74m NOK 62.67m NOK
+6.7%
Operating result
+35.50m NOK +34.82m NOK
-1.9%
Net result
+2.00m NOK +2.00m NOK
0.0%
Equity
900 NOK 1 000 NOK
+11.1%
Cash
3.75m NOK 15.88m NOK
+323.6%
Total assets
22.83m NOK 34.02m NOK
+49.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 58.74m NOK to 62.67m NOK (+6.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 3.75m NOK → 15.88m NOK (+323.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +35.50m NOK → +34.82m NOK (op. margin 60.4% → 55.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 15.12m NOK → 17.65m NOK (26% → 28% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 451.9k NOK → 465.8k NOK (+3.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 196.7k NOK → 580.3k NOK. Reported fact