ADVOKAT BRATTENG AS: årsregnskap 2022 vs 2021
Shrank 25% on revenue, weaker earnings, cash halved-plus
approved 2023-05-03; registry 2023-05-06; journal 2023 388662
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT BRATTENG AS. Revenue 5.01m NOK → 3.74m NOK (-25.4%). Net result -229.1k NOK → -475.7k NOK. Equity 70.6k NOK → -405.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT BRATTENG AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 3.98m NOK → 2.93m NOK (79% → 78% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.01m NOK to 3.74m NOK (-25.4% YoY). Calculated
-
↓
Operating result weakened
Operating result -265.2k NOK → -497.6k NOK (op. margin -5.3% → -13.3%). Calculated
-
↓
Net result weakened
Net result -229.1k NOK → -475.7k NOK (net margin -4.6% → -12.7%). Calculated
-
↓
Equity eroded
Book equity 70.6k NOK → -405.1k NOK (equity ratio 3.5% → -32.7%). Calculated
-
↓
Cash fell
Bank deposits 387.5k NOK → 31.1k NOK (-92.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -32.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Headcount (årsverk) changed
Reported FTEs 5 → 4. Reported fact