ADVOKAT TRYGVE ERIKSEN AS: årsregnskap 2022 vs 2021
Grew 10% on revenue, weaker earnings, cash halved-plus
approved 2023-03-20; registry 2023-03-23; journal 2023 333475
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT TRYGVE ERIKSEN AS. Revenue 1.95m NOK → 2.14m NOK (+9.5%). Net result +21.8k NOK → +5 753 NOK. Equity 1.11m NOK → 114.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT TRYGVE ERIKSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.95m NOK to 2.14m NOK (+9.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +27.7k NOK → +7 351 NOK (op. margin 1.4% → 0.3%). Calculated
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↓
Net result weakened
Net result +21.8k NOK → +5 753 NOK (net margin 1.1% → 0.3%). Calculated
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↓
Equity eroded
Book equity 1.11m NOK → 114.7k NOK (equity ratio 198.4% → 29.4%). Calculated
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↓
Cash fell
Bank deposits 437.6k NOK → 123.8k NOK (-71.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.69m NOK → 1.74m NOK (87% → 81% of revenue). Calculated