ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2022 vs 2021
Shrank 92% on revenue, stronger earnings
approved 2023-03-23; registry 2023-07-06; journal 2023 556418
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 939.6k NOK → 78.5k NOK (-91.6%). Net result -384.0k NOK → -107.8k NOK. Equity -75.8k NOK → -183.6k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT STEIN ÅGE MARTINSEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -368.6k NOK → -38.0k NOK (op. margin -39.2% → -48.5%). Calculated
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Net result improved
Net result -384.0k NOK → -107.8k NOK (net margin -40.9% → -137.3%). Calculated
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Payroll decreased
Salary cost 4.16m NOK → 2 730 NOK (443% → 3% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 939.6k NOK to 78.5k NOK (-91.6% YoY). Calculated
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↓
Equity eroded
Book equity -75.8k NOK → -183.6k NOK (equity ratio -17.7% → -61.8%). Calculated
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Cash fell
Bank deposits 186.8k NOK → 132.2k NOK (-29.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -61.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact