Org.nr 813 744 082 2021 → 2022 Year-over-year analysis

ADVOKAT ØYSTEIN HANSEN AS: årsregnskap 2022 vs 2021

Shrank 59% on revenue, stronger earnings

approved 2023-04-20; registry 2023-05-02; journal 2023 379430

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT ØYSTEIN HANSEN AS. Revenue 1.92m NOK → 778.1k NOK (-59.4%). Net result -51.8k NOK → -22.1k NOK. Equity 158.8k NOK → 136.7k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
1.92m NOK 778.1k NOK
-59.4%
Operating result
-51.4k NOK -17.4k NOK
+66.2%
Net result
-51.8k NOK -22.1k NOK
+57.4%
Equity
158.8k NOK 136.7k NOK
-13.9%
Cash
89.4k NOK 110.5k NOK
+23.7%
Total assets
339.9k NOK 342.8k NOK
+0.9%

What improved

  • ↑

    Operating result improved

    Operating result -51.4k NOK → -17.4k NOK (op. margin -2.7% → -2.2%). Calculated

  • ↑

    Net result improved

    Net result -51.8k NOK → -22.1k NOK (net margin -2.7% → -2.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 89.4k NOK → 110.5k NOK (+23.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 569.3k NOK → 419.3k NOK (30% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.92m NOK to 778.1k NOK (-59.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 158.8k NOK → 136.7k NOK (equity ratio 46.7% → 39.9%). Calculated