ADVOKAT KJELL-ARNE MATHISEN AS: årsregnskap 2022 vs 2021
Shrank 31% on revenue, returned to profit
approved 2023-04-26; registry 2023-05-02; journal 2023 376147
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT KJELL-ARNE MATHISEN AS. Revenue 1.01m NOK → 699.3k NOK (-30.7%). Net result -86.0k NOK → +66.4k NOK. Equity -27.6k NOK → 38.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT KJELL-ARNE MATHISEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -89.5k NOK → +66.4k NOK (op. margin -8.9% → 9.5%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 86.0k NOK to a profit of 66.4k NOK. Calculated
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↑
Equity strengthened
Book equity -27.6k NOK → 38.8k NOK (equity ratio -26.4% → 20.2%). Calculated
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Cash rose
Bank deposits 59.2k NOK → 92.6k NOK (+56.3% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.72× → 1.19×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.01m NOK to 699.3k NOK (-30.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 117.6k NOK → 7 841 NOK (-93.3% YoY). Calculated