Org.nr 920 720 463 2021 → 2022 Year-over-year analysis

ADVOKAT ØYSTEIN HJELMESET AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2023-03-28; registry 2023-03-30; journal 2023 341129

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT ØYSTEIN HJELMESET AS. Revenue 1.57m NOK → 1.53m NOK (-2.6%). Net result +163.5k NOK → -78.5k NOK. Equity 184.5k NOK → 106.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
1.57m NOK 1.53m NOK
-2.6%
Operating result
+208.9k NOK -100.7k NOK
-148.2%
Net result
+163.5k NOK -78.5k NOK
-148.0%
Equity
184.5k NOK 106.0k NOK
-42.5%
Cash
151.9k NOK 119.1k NOK
-21.6%
Total assets
411.4k NOK 352.2k NOK
-14.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.57m NOK to 1.53m NOK (-2.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +208.9k NOK → -100.7k NOK (op. margin 13.3% → -6.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 163.5k NOK profit to a loss of 78.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 184.5k NOK → 106.0k NOK (equity ratio 44.8% → 30.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 151.9k NOK → 119.1k NOK (-21.6% YoY). Calculated