Org.nr 915 624 405 2021 → 2022 Year-over-year analysis

ADVOKAT SIRI ØVSTEBØ AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, slipped into loss

approved 2023-04-17; registry 2023-04-20; journal 2023 361795

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT SIRI ØVSTEBØ AS. Revenue 930.5k NOK → 856.4k NOK (-8.0%). Net result +70.2k NOK → -25.5k NOK. Equity 129.1k NOK → 103.6k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT SIRI ØVSTEBØ AS.

Scorecard

Revenue
930.5k NOK 856.4k NOK
-8.0%
Operating result
+114.2k NOK -12.0k NOK
-110.5%
Net result
+70.2k NOK -25.5k NOK
-136.3%
Equity
129.1k NOK 103.6k NOK
-19.7%
Cash
7 446 NOK 12.3k NOK
+64.5%
Total assets
377.4k NOK 405.1k NOK
+7.3%

What improved

  • ↑

    Cash rose

    Bank deposits 7 446 NOK → 12.3k NOK (+64.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 483.3k NOK → 340.5k NOK (52% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 930.5k NOK to 856.4k NOK (-8.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +114.2k NOK → -12.0k NOK (op. margin 12.3% → -1.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 70.2k NOK profit to a loss of 25.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 129.1k NOK → 103.6k NOK (equity ratio 34.2% → 25.6%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact