Org.nr 921 379 382 2021 → 2022 Year-over-year analysis

ADVOKAT SIRI BERGEM AS: årsregnskap 2022 vs 2021

Shrank 39% on revenue, cash halved-plus

approved 2023-03-30; registry 2023-05-02; journal 2023 380684

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT SIRI BERGEM AS. Revenue 477.0k NOK → 291.3k NOK (-38.9%). Net result -92.0k NOK → -90.1k NOK. Equity 442.8k NOK → 352.7k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT SIRI BERGEM AS.

Scorecard

Revenue
477.0k NOK 291.3k NOK
-38.9%
Operating result
-118.2k NOK -119.1k NOK
-0.8%
Net result
-92.0k NOK -90.1k NOK
+2.1%
Equity
442.8k NOK 352.7k NOK
-20.3%
Cash
375.0k NOK 171.5k NOK
-54.3%
Total assets
751.5k NOK 741.5k NOK
-1.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 477.0k NOK to 291.3k NOK (-38.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -118.2k NOK → -119.1k NOK (op. margin -24.8% → -40.9%). Calculated

  • ↓

    Equity eroded

    Book equity 442.8k NOK → 352.7k NOK (equity ratio 58.9% → 47.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 375.0k NOK → 171.5k NOK (-54.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 279.6k NOK → 729.5k NOK (59% → 250% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 9 500 NOK → 142.0k NOK. Reported fact