Org.nr 915 337 147 2021 → 2022 Year-over-year analysis

ADVOKAT TROND BITI AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue

approved 2023-04-14; registry 2023-04-19; journal 2023 359255

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT TROND BITI AS. Revenue 2.56m NOK → 2.32m NOK (-9.4%). Net result +5 204 NOK → +1 454 NOK. Equity 39.6k NOK → 41.1k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
2.56m NOK 2.32m NOK
-9.4%
Operating result
+6 685 NOK +1 883 NOK
-71.8%
Net result
+5 204 NOK +1 454 NOK
-72.1%
Equity
39.6k NOK 41.1k NOK
+3.7%
Cash
414.9k NOK 1.18m NOK
+183.2%
Total assets
1.46m NOK 1.50m NOK
+2.9%

What improved

  • ↑

    Equity strengthened

    Book equity 39.6k NOK → 41.1k NOK (equity ratio 2.7% → 2.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 414.9k NOK → 1.18m NOK (+183.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.11m NOK → 1.87m NOK (83% → 81% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.56m NOK to 2.32m NOK (-9.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6 685 NOK → +1 883 NOK (op. margin 0.3% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +5 204 NOK → +1 454 NOK (net margin 0.2% → 0.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.03× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6 349 NOK → 13.9k NOK (+119.4% YoY). Calculated