Org.nr 918 976 485 2021 → 2022 Year-over-year analysis

ADVOKAT ULF E HANSEN AS: årsregnskap 2022 vs 2021

Shrank 32% on revenue, slipped into loss

approved 2023-04-19; registry 2023-04-22; journal 2023 362794

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT ULF E HANSEN AS. Revenue 5.75m NOK → 3.92m NOK (-31.9%). Net result +535.1k NOK → -183.2k NOK. Equity 12.57m NOK → 12.38m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
5.75m NOK 3.92m NOK
-31.9%
Operating result
+689.7k NOK -166.3k NOK
-124.1%
Net result
+535.1k NOK -183.2k NOK
-134.2%
Equity
12.57m NOK 12.38m NOK
-1.5%
Cash
1.24m NOK 690.1k NOK
-44.4%
Total assets
1.71m NOK 1.02m NOK
-40.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.75m NOK to 3.92m NOK (-31.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +689.7k NOK → -166.3k NOK (op. margin 12.0% → -4.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 535.1k NOK profit to a loss of 183.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 12.57m NOK → 12.38m NOK (equity ratio 735.8% → 1213.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.24m NOK → 690.1k NOK (-44.4% YoY). Calculated