ADVOKAT NADHEIM AS: årsregnskap 2022 vs 2021
Grew 22% on revenue, stronger earnings, cash halved-plus
approved 2023-07-14; registry 2023-07-17; journal 2023 625165
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT NADHEIM AS. Revenue 1.69m NOK → 2.06m NOK (+21.9%). Net result -76.7k NOK → -44.0k NOK. Equity 94.1k NOK → 50.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT NADHEIM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.69m NOK to 2.06m NOK (+21.9% YoY). Calculated
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Operating result improved
Operating result -90.0k NOK → -37.8k NOK (op. margin -5.3% → -1.8%). Calculated
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Net result improved
Net result -76.7k NOK → -44.0k NOK (net margin -4.5% → -2.1%). Calculated
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Payroll decreased
Salary cost 3982.50bn NOK → 2 NOK (235659406% → 0% of revenue). Calculated
What deteriorated
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Equity eroded
Book equity 94.1k NOK → 50.1k NOK (equity ratio 11.8% → 7.8%). Calculated
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Cash fell
Bank deposits 231.0k NOK → 114.2k NOK (-50.6% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.08× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation