ADVOKAT BJØRN L G BRAATHEN AS: årsregnskap 2022 vs 2021
Shrank 53% on revenue, slipped into loss
approved 2023-03-23; registry 2023-03-30; journal 2023 341997
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT BJØRN L G BRAATHEN AS. Revenue 274.1k NOK → 129.8k NOK (-52.7%). Net result +54.1k NOK → -40.4k NOK. Equity 277.7k NOK → 237.3k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT BJØRN L G BRAATHEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 312.9k NOK → 333.2k NOK (+6.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 274.1k NOK to 129.8k NOK (-52.7% YoY). Calculated
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↓
Operating result weakened
Operating result +50.6k NOK → -46.4k NOK (op. margin 18.5% → -35.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 54.1k NOK profit to a loss of 40.4k NOK. Calculated
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↓
Equity eroded
Book equity 277.7k NOK → 237.3k NOK (equity ratio 60.7% → 52.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 85.2k NOK → 3 100 NOK (-96.4% YoY). Calculated