Org.nr 992 606 045 2021 → 2022 Year-over-year analysis

ADVOKAT CAMILLA HAGEN AS: årsregnskap 2022 vs 2021

Shrank 74% on revenue, slipped into loss

approved 2023-04-27; registry 2023-05-03; journal 2023 382939

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT CAMILLA HAGEN AS. Revenue 2.72m NOK → 709.7k NOK (-73.9%). Net result +433.6k NOK → -145.5k NOK. Equity 790.62m NOK → 645.1k NOK.

On the constructive side: cash rose; payroll decreased. 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 CAMILLA HAGEN AS.

Scorecard

Revenue
2.72m NOK 709.7k NOK
-73.9%
Operating result
+558.0k NOK -185.2k NOK
-133.2%
Net result
+433.6k NOK -145.5k NOK
-133.6%
Equity
790.62m NOK 645.1k NOK
-99.9%
Cash
410.6k NOK 476.5k NOK
+16.1%
Total assets
2.01m NOK 862.2k NOK
-57.1%

What improved

  • ↑

    Cash rose

    Bank deposits 410.6k NOK → 476.5k NOK (+16.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.71m NOK → 1.68m NOK (63% → 237% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.72m NOK to 709.7k NOK (-73.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +558.0k NOK → -185.2k NOK (op. margin 20.5% → -26.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 433.6k NOK profit to a loss of 145.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 790.62m NOK → 645.1k NOK (equity ratio 39368.2% → 74.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 50.8k NOK → 3 110 NOK (-93.9% YoY). Calculated