ADVOKAT KJELL MYRLAND AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-04-24; registry 2023-04-26; journal 2023 370731
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT KJELL MYRLAND AS. Revenue 1.44m NOK → 1.42m NOK (-1.6%). Net result -103.0k NOK → -255.9k NOK. Equity 549.3k NOK → 293.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 674.9k NOK → 385.3k NOK (47% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.44m NOK to 1.42m NOK (-1.6% YoY). Calculated
-
↓
Operating result weakened
Operating result -103.3k NOK → -255.5k NOK (op. margin -7.2% → -18.0%). Calculated
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↓
Net result weakened
Net result -103.0k NOK → -255.9k NOK (net margin -7.2% → -18.1%). Calculated
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↓
Equity eroded
Book equity 549.3k NOK → 293.4k NOK (equity ratio 75.7% → 65.2%). Calculated
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↓
Cash fell
Bank deposits 216.8k NOK → 15.9k NOK (-92.7% YoY). Calculated