FirmaIQ
Org.nr 916 339 542 2021 → 2022 Year-over-year analysis

ADVOKAT ESPEN SIMONSEN AS: årsregnskap 2022 vs 2021

Shrank 13% on revenue, weaker earnings

registry 2023-02-23; journal 2023 310377

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT ESPEN SIMONSEN AS. Revenue 3.04m NOK → 2.64m NOK (-13.1%). Net result +241.7k NOK → +74.6k NOK. Equity 1.36m NOK → 1.44m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.04m NOK 2.64m NOK
-13.1%
Operating result
+310.2k NOK +87.5k NOK
-71.8%
Net result
+241.7k NOK +74.6k NOK
-69.1%
Equity
1.36m NOK 1.44m NOK
+5.5%
Cash
1.03m NOK 979.0k NOK
-4.5%
Total assets
2.28m NOK 2.07m NOK
-9.2%

What improved

  • ↑

    Equity strengthened

    Book equity 1.36m NOK → 1.44m NOK (equity ratio 59.7% → 69.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.13m NOK → 2.02m NOK (70% → 76% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.04m NOK to 2.64m NOK (-13.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +310.2k NOK → +87.5k NOK (op. margin 10.2% → 3.3%). Calculated

  • ↓

    Net result weakened

    Net result +241.7k NOK → +74.6k NOK (net margin 7.9% → 2.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.03m NOK → 979.0k NOK (-4.5% YoY). Calculated