Org.nr 915 150 055 2021 → 2022 Year-over-year analysis

ADVOKAT 365 HOLDING AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2024-04-11; registry 2024-04-17; journal 2024 359812

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT 365 HOLDING AS. Net result 0 NOK → -28.0k NOK. Equity -302.1k NOK → -330.1k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKAT 365 HOLDING AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-133.5k NOK 0 NOK
+100.0%
Net result
0 NOK -28.0k NOK
—
Equity
-302.1k NOK -330.1k NOK
-9.3%
Total assets
58.0k NOK 30.0k NOK
-48.3%

What improved

  • ↑

    Operating result improved

    Operating result -133.5k NOK → 0 NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 28.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -302.1k NOK → -330.1k NOK (equity ratio -520.9% → -1100.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1100.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 28.0k NOK → 0 NOK. Reported fact