ADVOKAT MADS TORRISSEN AS: årsregnskap 2022 vs 2021
Shrank 16% on revenue, weaker earnings
approved 2023-05-02; registry 2023-05-04; journal 2023 385819
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT MADS TORRISSEN AS. Revenue 993.9k NOK → 832.2k NOK (-16.3%). Net result +320.8k NOK → +181.5k NOK. Equity 12 NOK → 1.23m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT MADS TORRISSEN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 12 NOK → 1.23m NOK (equity ratio 0.0% → 90.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 993.9k NOK to 832.2k NOK (-16.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +410.5k NOK → +244.2k NOK (op. margin 41.3% → 29.3%). Calculated
-
↓
Net result weakened
Net result +320.8k NOK → +181.5k NOK (net margin 32.3% → 21.8%). Calculated
-
↓
Cash fell
Bank deposits 68.3k NOK → 34.4k NOK (-49.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 4.03× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 580 NOK → 252.5k NOK. Reported fact