Org.nr 922 576 645 2021 → 2022 Year-over-year analysis

ADVOKAT MAGNUS HÅVÅS NERENG AS: årsregnskap 2022 vs 2021

Shrank 10% on revenue, weaker earnings

registry 2023-02-15; journal 2023 306667

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT MAGNUS HÅVÅS NERENG AS. Revenue 2.35m NOK → 2.12m NOK (-10.0%). Net result +883.7k NOK → +13.5k NOK. Equity 36.7k NOK → 1.05m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
2.35m NOK 2.12m NOK
-10.0%
Operating result
+133.3k NOK +10.7k NOK
-92.0%
Net result
+883.7k NOK +13.5k NOK
-98.5%
Equity
36.7k NOK 1.05m NOK
+2763.6%
Cash
302.0k NOK 550.5k NOK
+82.3%
Total assets
1.52m NOK 1.50m NOK
-1.0%

What improved

  • ↑

    Equity strengthened

    Book equity 36.7k NOK → 1.05m NOK (equity ratio 2.4% → 69.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 302.0k NOK → 550.5k NOK (+82.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.35m NOK to 2.12m NOK (-10.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +133.3k NOK → +10.7k NOK (op. margin 5.7% → 0.5%). Calculated

  • ↓

    Net result weakened

    Net result +883.7k NOK → +13.5k NOK (net margin 37.6% → 0.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 799.3k NOK → 1.53m NOK (34% → 72% of revenue). Calculated