Org.nr 923 478 078 2021 → 2022 Year-over-year analysis

ADVOKAT KRISTINE SNYDER AS: årsregnskap 2022 vs 2021

Shrank 29% on revenue, stronger earnings

approved 2023-02-22; registry 2023-03-16; journal 2023 326584

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT KRISTINE SNYDER AS. Revenue 738.6k NOK → 525.4k NOK (-28.9%). Net result +181.3k NOK → +625.6k NOK. Equity 404.9k NOK → 680.5k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT KRISTINE SNYDER AS.

Scorecard

Revenue
738.6k NOK 525.4k NOK
-28.9%
Operating result
+268.8k NOK +763.4k NOK
+184.0%
Net result
+181.3k NOK +625.6k NOK
+245.1%
Equity
404.9k NOK 680.5k NOK
+68.1%
Cash
245.2k NOK 484.6k NOK
+97.7%
Total assets
544.3k NOK 24.9k NOK
-95.4%

What improved

  • ↑

    Operating result improved

    Operating result +268.8k NOK → +763.4k NOK (op. margin 36.4% → 145.3%). Calculated

  • ↑

    Net result improved

    Net result +181.3k NOK → +625.6k NOK (net margin 24.5% → 119.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 404.9k NOK → 680.5k NOK (equity ratio 74.4% → 2727.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 245.2k NOK → 484.6k NOK (+97.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 738.6k NOK to 525.4k NOK (-28.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.42× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 221.8k NOK → 380.3k NOK (30% → 72% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 159.1k NOK → 250.6k NOK (+57.6% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.3. Reported fact