ADVOKAT SANDVOLD AS: årsregnskap 2022 vs 2021
Shrank 99% on revenue, slipped into loss
approved 2023-07-31; registry 2023-09-02; journal 2023 722051
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT SANDVOLD AS. Revenue 938.0k NOK → 6 168 NOK (-99.3%). Net result +128.8k NOK → -2 695 NOK. Equity 220.6k NOK → 217.9k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT SANDVOLD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 4 622 NOK → 43.5k NOK (+841.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 425.9k NOK → 930 NOK (45% → 15% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 938.0k NOK to 6 168 NOK (-99.3% YoY). Calculated
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↓
Operating result weakened
Operating result +129.6k NOK → -53.4k NOK (op. margin 13.8% → -865.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 128.8k NOK profit to a loss of 2 695 NOK. Calculated
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↓
Equity eroded
Book equity 220.6k NOK → 217.9k NOK (equity ratio 50.1% → 40.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 7.17× → 0.83× — 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 333.8k NOK → 367.1k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact