FirmaIQ
Org.nr 992 125 950 2021 → 2022 Year-over-year analysis

ADVOKAT MARIT ERIKSSON AS: årsregnskap 2022 vs 2021

Shrank 20% on revenue, slipped into loss

approved 2023-05-02; registry 2023-05-06; journal 2023 387403

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT MARIT ERIKSSON AS. Revenue 1.27m NOK → 1.02m NOK (-19.7%). Net result +7 223 NOK → -62.8k NOK. Equity 192.2k NOK → 129.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT MARIT ERIKSSON AS.

At a glance

Scorecard

Revenue
1.27m NOK 1.02m NOK
-19.7%
Operating result
+8 561 NOK -62.2k NOK
-827.1%
Net result
+7 223 NOK -62.8k NOK
-970.0%
Equity
192.2k NOK 129.4k NOK
-32.7%
Cash
86.2k NOK 84.2k NOK
-2.3%
Total assets
385.2k NOK 254.3k NOK
-34.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 814.5k NOK → 702.2k NOK (64% → 69% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.27m NOK to 1.02m NOK (-19.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +8 561 NOK → -62.2k NOK (op. margin 0.7% → -6.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7 223 NOK profit to a loss of 62.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 192.2k NOK → 129.4k NOK (equity ratio 49.9% → 50.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 86.2k NOK → 84.2k NOK (-2.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 43.3k NOK → 31.9k NOK (-26.4% YoY). Calculated