FirmaIQ
Org.nr 989 228 226 2021 → 2022 Year-over-year analysis

ADVOKAT TORE SVEEN AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, stronger earnings

approved 2023-04-24; registry 2023-04-26; journal 2023 368958

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT TORE SVEEN AS. Revenue 521.5k NOK → 1 115 NOK (-99.8%). Net result +339.2k NOK → +5.68m NOK. Equity 6.41m NOK → 2.78m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
521.5k NOK 1 115 NOK
-99.8%
Operating result
+385.1k NOK +956.5k NOK
+148.3%
Net result
+339.2k NOK +5.68m NOK
+1574.6%
Equity
6.41m NOK 2.78m NOK
-56.6%
Cash
542.4k NOK 340.9k NOK
-37.1%
Total assets
9.03m NOK 5.59m NOK
-38.1%

What improved

  • ↑

    Operating result improved

    Operating result +385.1k NOK → +956.5k NOK (op. margin 73.9% → 85781.6%). Calculated

  • ↑

    Net result improved

    Net result +339.2k NOK → +5.68m NOK (net margin 65.0% → 509377.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 521.5k NOK to 1 115 NOK (-99.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.41m NOK → 2.78m NOK (equity ratio 71.0% → 49.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 542.4k NOK → 340.9k NOK (-37.1% YoY). Calculated