Org.nr 998 580 676 2021 → 2022 Year-over-year analysis

ADVOCATOR ADVOKATFIRMA AS: årsregnskap 2022 vs 2021

Shrank 76% on revenue, slipped into loss, cash halved-plus

approved 2023-06-27; registry 2023-07-27; journal 2023 614858

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOCATOR ADVOKATFIRMA AS. Revenue 804.9k NOK → 192.2k NOK (-76.1%). Net result +635.3k NOK → -120.1k NOK. Equity 2.03m NOK → 1.21m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
804.9k NOK 192.2k NOK
-76.1%
Operating result
+755.4k NOK -160.0k NOK
-121.2%
Net result
+635.3k NOK -120.1k NOK
-118.9%
Equity
2.03m NOK 1.21m NOK
-40.4%
Cash
578.5k NOK 140.0k NOK
-75.8%
Total assets
2.37m NOK 1.37m NOK
-42.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 804.9k NOK to 192.2k NOK (-76.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +755.4k NOK → -160.0k NOK (op. margin 93.8% → -83.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 635.3k NOK profit to a loss of 120.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.03m NOK → 1.21m NOK (equity ratio 85.6% → 88.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 578.5k NOK → 140.0k NOK (-75.8% YoY). Calculated