ADVOKAT STIG E. MORTENSEN AS: årsregnskap 2022 vs 2021
Shrank 18% on revenue, slipped into loss, cash halved-plus
approved 2023-03-09; registry 2023-06-08; journal 2023 470947
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT STIG E. MORTENSEN AS. Revenue 3.30m NOK → 2.70m NOK (-18.2%). Net result +95.1k NOK → -108.7k NOK. Equity 1.71m NOK → 1.60m NOK.
On the constructive side: 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 STIG E. MORTENSEN AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 2.37m NOK → 2.13m NOK (72% → 79% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.30m NOK to 2.70m NOK (-18.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +116 NOK → -147.0k NOK (op. margin 0.0% → -5.4%). Calculated
-
↓
Fell into a net loss
Net result flipped from 95.1k NOK profit to a loss of 108.7k NOK. Calculated
-
↓
Equity eroded
Book equity 1.71m NOK → 1.60m NOK (equity ratio 72.1% → 74.3%). Calculated
-
↓
Cash fell
Bank deposits 765.0k NOK → 354.6k NOK (-53.6% YoY). Calculated
Things to notice
-
·
Headcount (årsverk) changed
Reported FTEs 1.3 → 2.3. Reported fact