FirmaIQ
Org.nr 920 225 276 2021 → 2022 Year-over-year analysis

ADVOKAT SOLHEIM AS: årsregnskap 2022 vs 2021

Shrank 31% on revenue, weaker earnings

approved 2023-04-26; registry 2023-05-02; journal 2023 376136

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT SOLHEIM AS. Revenue 1.30m NOK → 889.8k NOK (-31.4%). Net result +881.2k NOK → +563.3k NOK. Equity 1.74m NOK → 1.30m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
1.30m NOK 889.8k NOK
-31.4%
Operating result
+1 130 NOK +722.7k NOK
+63851.8%
Net result
+881.2k NOK +563.3k NOK
-36.1%
Equity
1.74m NOK 1.30m NOK
-25.1%
Cash
1.86m NOK 1.38m NOK
-25.8%
Total assets
2.11m NOK 1.48m NOK
-29.6%

What improved

  • ↑

    Operating result improved

    Operating result +1 130 NOK → +722.7k NOK (op. margin 0.1% → 81.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.30m NOK to 889.8k NOK (-31.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +881.2k NOK → +563.3k NOK (net margin 68.0% → 63.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.74m NOK → 1.30m NOK (equity ratio 82.4% → 87.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.86m NOK → 1.38m NOK (-25.8% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact