Org.nr 992 837 160 2021 → 2022 Year-over-year analysis

69' NORD ADVOKATFIRMA AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-04-26; registry 2023-04-29; journal 2023 375097

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 69' NORD ADVOKATFIRMA AS. Revenue 1.98m NOK → 2.08m NOK (+5.0%). Net result -79.9k NOK → -95.0k NOK. Equity 689.2k NOK → 594.1k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 69' NORD ADVOKATFIRMA AS.

Scorecard

Revenue
1.98m NOK 2.08m NOK
+5.0%
Operating result
-119.2k NOK -121.0k NOK
-1.5%
Net result
-79.9k NOK -95.0k NOK
-18.9%
Equity
689.2k NOK 594.1k NOK
-13.8%
Cash
344.9k NOK 508.7k NOK
+47.5%
Total assets
960.4k NOK 977.0k NOK
+1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.98m NOK to 2.08m NOK (+5.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 344.9k NOK → 508.7k NOK (+47.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -119.2k NOK → -121.0k NOK (op. margin -6.0% → -5.8%). Calculated

  • ↓

    Net result weakened

    Net result -79.9k NOK → -95.0k NOK (net margin -4.0% → -4.6%). Calculated

  • ↓

    Equity eroded

    Book equity 689.2k NOK → 594.1k NOK (equity ratio 71.8% → 60.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.35m NOK → 1.60m NOK (68% → 77% of revenue). Calculated