ADVOKAT AABAK AS: årsregnskap 2022 vs 2021
Grew 15% on revenue, slipped into loss
approved 2023-03-06; registry 2023-03-09; journal 2023 320153
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT AABAK AS. Revenue 1.52m NOK → 1.74m NOK (+14.5%). Net result +307.8k NOK → -377.4k NOK. Equity 522.1k NOK → 144.7k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT AABAK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.52m NOK to 1.74m NOK (+14.5% YoY). Calculated
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↑
Cash rose
Bank deposits 254.0k NOK → 464.1k NOK (+82.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.00m NOK → 1 622 NOK (198% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +117.2k NOK → -271.8k NOK (op. margin 7.7% → -15.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 307.8k NOK profit to a loss of 377.4k NOK. Calculated
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↓
Equity eroded
Book equity 522.1k NOK → 144.7k NOK (equity ratio 50.9% → 18.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 NOK → 415.0k NOK. Reported fact