ADVOKAT GEIR HEGLE AS: årsregnskap 2022 vs 2021
Slipped into loss, cash halved-plus
approved 2023-05-30; registry 2023-06-05; journal 2023 465220
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT GEIR HEGLE AS. Net result +6.84m NOK → -11.5k NOK. Equity 170.0k NOK → 120.1k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKAT GEIR HEGLE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -19.7k NOK → -11.6k NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 6.84m NOK profit to a loss of 11.5k NOK. Calculated
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↓
Equity eroded
Book equity 170.0k NOK → 120.1k NOK (equity ratio 19.4% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 6.87m NOK → 120.1k NOK (-98.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.87m NOK → 120.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation