Org.nr 917 020 477 2021 → 2022 Year-over-year analysis

ADVOKAT GRY SØRHUS MOLLAN AS: årsregnskap 2022 vs 2021

Shrank 33% on revenue, weaker earnings

approved 2023-04-27; registry 2023-05-02; journal 2023 380128

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT GRY SØRHUS MOLLAN AS. Revenue 1.70m NOK → 1.15m NOK (-32.7%). Net result +230.9k NOK → +97.4k NOK. Equity 846.9k NOK → 944.3k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.70m NOK 1.15m NOK
-32.7%
Operating result
+296.3k NOK +124.6k NOK
-58.0%
Net result
+230.9k NOK +97.4k NOK
-57.8%
Equity
846.9k NOK 944.3k NOK
+11.5%
Cash
909.1k NOK 943.9k NOK
+3.8%
Total assets
1.19m NOK 1.16m NOK
-2.5%

What improved

  • ↑

    Equity strengthened

    Book equity 846.9k NOK → 944.3k NOK (equity ratio 71.1% → 81.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 909.1k NOK → 943.9k NOK (+3.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 893.5k NOK → 543.1k NOK (52% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.70m NOK to 1.15m NOK (-32.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +296.3k NOK → +124.6k NOK (op. margin 17.4% → 10.9%). Calculated

  • ↓

    Net result weakened

    Net result +230.9k NOK → +97.4k NOK (net margin 13.6% → 8.5%). Calculated