ADVOKAT NILS MUGAAS AS: årsregnskap 2022 vs 2021
Shrank 13% on revenue, weaker earnings
approved 2023-04-24; registry 2023-04-27; journal 2023 372282
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT NILS MUGAAS AS. Revenue 2.26m NOK → 1.96m NOK (-13.4%). Net result +794.6k NOK → +382.7k NOK. Equity 913.8k NOK → 296.5k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT NILS MUGAAS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +18.6k NOK → +541.6k NOK (op. margin 0.8% → 27.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.26m NOK to 1.96m NOK (-13.4% YoY). Calculated
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↓
Net result weakened
Net result +794.6k NOK → +382.7k NOK (net margin 35.1% → 19.5%). Calculated
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↓
Equity eroded
Book equity 913.8k NOK → 296.5k NOK (equity ratio 67.1% → 10.2%). Calculated
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↓
Cash fell
Bank deposits 403.8k NOK → 296.0k NOK (-26.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.14× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 400.0k NOK → 1 450 NOK. Reported fact