ADVOKAT EINAR BRUNES AS: årsregnskap 2022 vs 2021
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2023-04-24; registry 2023-04-26; journal 2023 369430
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT EINAR BRUNES AS. Revenue 23.8k NOK → 0 NOK (-100.0%). Net result +3 570 NOK → -18.8k NOK. Equity -2 212 NOK → -21.0k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT EINAR BRUNES AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 23.8k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +3 570 NOK → -18.8k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 3 570 NOK profit to a loss of 18.8k NOK. Calculated
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↓
Equity eroded
Book equity -2 212 NOK → -21.0k NOK (equity ratio -7.2% → -350.6%). Calculated
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↓
Cash fell
Bank deposits 30.7k NOK → 5 982 NOK (-80.5% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -350.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation