ADVOKAT SIVERTSVIK AS: årsregnskap 2022 vs 2021
Grew 827% on revenue, weaker earnings
approved 2023-04-28; registry 2023-05-08; journal 2023 389195
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT SIVERTSVIK AS. Revenue 97.1k NOK → 900.6k NOK (+827.5%). Net result +55.1k NOK → +34.7k NOK. Equity 82.6k NOK → 4.12m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT SIVERTSVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 97.1k NOK to 900.6k NOK (+827.5% YoY). Calculated
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↑
Equity strengthened
Book equity 82.6k NOK → 4.12m NOK (equity ratio 22.0% → 929.7%). Calculated
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↑
Cash rose
Bank deposits 51.0k NOK → 119.9k NOK (+135.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +70.9k NOK → +45.4k NOK (op. margin 73.0% → 5.0%). Calculated
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↓
Net result weakened
Net result +55.1k NOK → +34.7k NOK (net margin 56.7% → 3.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.29× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 148.6k NOK → 170.6k NOK (153% → 19% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 575 NOK → 312.6k NOK (+54265.2% YoY). Calculated