FirmaIQ
Org.nr 912 533 603 2021 → 2022 Year-over-year analysis

ADVOKAT LINDA BREVIK AS: årsregnskap 2022 vs 2021

Shrank 31% on revenue, weaker earnings, cash halved-plus

approved 2023-05-02; registry 2023-05-04; journal 2023 385428

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT LINDA BREVIK AS. Revenue 2.01m NOK → 1.39m NOK (-30.9%). Net result +404.1k NOK → +99.5k NOK. Equity 434.1k NOK → 133.6k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.01m NOK 1.39m NOK
-30.9%
Operating result
+503.6k NOK +128.0k NOK
-74.6%
Net result
+404.1k NOK +99.5k NOK
-75.4%
Equity
434.1k NOK 133.6k NOK
-69.2%
Cash
877.3k NOK 154.4k NOK
-82.4%
Total assets
32.9k NOK 414.6k NOK
+1162.0%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 1.47×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.01m NOK to 1.39m NOK (-30.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +503.6k NOK → +128.0k NOK (op. margin 25.0% → 9.2%). Calculated

  • ↓

    Net result weakened

    Net result +404.1k NOK → +99.5k NOK (net margin 20.1% → 7.1%). Calculated

  • ↓

    Equity eroded

    Book equity 434.1k NOK → 133.6k NOK (equity ratio 1321.4% → 32.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 877.3k NOK → 154.4k NOK (-82.4% YoY). Calculated