Org.nr 888 997 482 2021 → 2022 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2022 vs 2021

A steady year on the published lines

approved 2023-05-09; registry 2023-05-11; journal 2023 398327

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT FINN OVE SMITH AS. Revenue 6.42m NOK → 6.26m NOK (-2.5%). Net result +2.47m NOK → +2.00m NOK. Equity 3.60m NOK → 3.59m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT FINN OVE SMITH AS.

Scorecard

Revenue
6.42m NOK 6.26m NOK
-2.5%
Operating result
+3.19m NOK +2.60m NOK
-18.7%
Net result
+2.47m NOK +2.00m NOK
-19.2%
Equity
3.60m NOK 3.59m NOK
-0.1%
Cash
5.20m NOK 4.74m NOK
-8.8%
Total assets
7.37m NOK 7.02m NOK
-4.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.42m NOK to 6.26m NOK (-2.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.19m NOK → +2.60m NOK (op. margin 49.8% → 41.5%). Calculated

  • ↓

    Net result weakened

    Net result +2.47m NOK → +2.00m NOK (net margin 38.5% → 31.9%). Calculated

  • ↓

    Equity eroded

    Book equity 3.60m NOK → 3.59m NOK (equity ratio 48.8% → 51.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.20m NOK → 4.74m NOK (-8.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 215.1k NOK → 244.8k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2.5 → 2. Reported fact