FirmaIQ
Org.nr 913 516 850 2021 → 2022 Year-over-year analysis

ADVOKAT ERIK MØRCH AS: årsregnskap 2022 vs 2021

Shrank 33% on revenue, weaker earnings

approved 2023-03-23; registry 2023-04-27; journal 2023 374110

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT ERIK MØRCH AS. Revenue 281.5k NOK → 187.3k NOK (-33.5%). Net result +66.9k NOK → +3 949 NOK. Equity 128.8k NOK → 132.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT ERIK MØRCH AS.

At a glance

Scorecard

Revenue
281.5k NOK 187.3k NOK
-33.5%
Operating result
+89.5k NOK +5 103 NOK
-94.3%
Net result
+66.9k NOK +3 949 NOK
-94.1%
Equity
128.8k NOK 132.8k NOK
+3.1%
Cash
198.2k NOK 160.5k NOK
-19.0%
Total assets
198.2k NOK 160.5k NOK
-19.0%

What improved

  • ↑

    Equity strengthened

    Book equity 128.8k NOK → 132.8k NOK (equity ratio 65.0% → 82.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 281.5k NOK to 187.3k NOK (-33.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +89.5k NOK → +5 103 NOK (op. margin 31.8% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +66.9k NOK → +3 949 NOK (net margin 23.8% → 2.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 198.2k NOK → 160.5k NOK (-19.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.3 → 0. Reported fact