FirmaIQ
Org.nr 997 409 973 2021 → 2022 Year-over-year analysis

ADVOKAT HÅVAR WIIK AS: årsregnskap 2022 vs 2021

Slipped into loss, cash halved-plus

approved 2023-04-25; registry 2023-05-02; journal 2023 377456

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT HÅVAR WIIK AS. Revenue 2.90m NOK → 2.81m NOK (-3.2%). Net result +42.2k NOK → -1 314 NOK. Equity 142.2k NOK → 140.9k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.90m NOK 2.81m NOK
-3.2%
Operating result
+77.2k NOK +11.6k NOK
-85.0%
Net result
+42.2k NOK -1 314 NOK
-103.1%
Equity
142.2k NOK 140.9k NOK
-0.9%
Cash
333.2k NOK 15.8k NOK
-95.2%
Total assets
41.8k NOK 689.1k NOK
+1546.9%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 1.24×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.90m NOK to 2.81m NOK (-3.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +77.2k NOK → +11.6k NOK (op. margin 2.7% → 0.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 42.2k NOK profit to a loss of 1 314 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 142.2k NOK → 140.9k NOK (equity ratio 339.9% → 20.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 333.2k NOK → 15.8k NOK (-95.2% YoY). Calculated