ADVOKAT BERGESEN AS: årsregnskap 2022 vs 2021
Shrank 39% on revenue, stronger earnings
approved 2023-04-04; registry 2023-05-03; journal 2023 366457
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT BERGESEN AS. Revenue 1.04m NOK → 633.2k NOK (-38.9%). Net result -5.97m NOK → -1.26m NOK. Equity 244.4k NOK → -1.02m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKAT BERGESEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -252.1k NOK → +183.5k NOK (op. margin -24.3% → 29.0%). Calculated
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Net result improved
Net result -5.97m NOK → -1.26m NOK (net margin -576.5% → -199.0%). Calculated
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Cash rose
Bank deposits 32.0k NOK → 41.0k NOK (+28.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.04m NOK to 633.2k NOK (-38.9% YoY). Calculated
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↓
Equity eroded
Book equity 244.4k NOK → -1.02m NOK (equity ratio 10.3% → -224.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 11 NOK → 2.26m NOK (0% → 356% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -224.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 59.6k NOK → 46.6k NOK (-21.9% YoY). Calculated