ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2022 vs 2021
Shrank 51% on revenue, slipped into loss, cash halved-plus
approved 2023-04-28; registry 2023-05-02; journal 2023 381598
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 3.36m NOK → 1.65m NOK (-51.1%). Net result +219.1k NOK → -46.3k NOK. Equity 199.3k NOK → 153.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.14m NOK → 1.99m NOK (63% → 121% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.36m NOK to 1.65m NOK (-51.1% YoY). Calculated
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↓
Operating result weakened
Operating result +289.3k NOK → -21.7k NOK (op. margin 8.6% → -1.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 219.1k NOK profit to a loss of 46.3k NOK. Calculated
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↓
Equity eroded
Book equity 199.3k NOK → 153.0k NOK (equity ratio 15.3% → 34.3%). Calculated
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↓
Cash fell
Bank deposits 965.5k NOK → 138.1k NOK (-85.7% YoY). Calculated