Org.nr 995 300 370 2021 → 2022 Year-over-year analysis

ADVOKAT WENCHE LØSET AS: årsregnskap 2022 vs 2021

Shrank 39% on revenue, slipped into loss

approved 2023-04-27; registry 2023-05-02; journal 2023 378931

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT WENCHE LØSET AS. Revenue 1.40m NOK → 855.8k NOK (-39.1%). Net result +374.2k NOK → -51.0k NOK. Equity 989.9k NOK → 938.9k NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.40m NOK 855.8k NOK
-39.1%
Operating result
+474.6k NOK -57.5k NOK
-112.1%
Net result
+374.2k NOK -51.0k NOK
-113.6%
Equity
989.9k NOK 938.9k NOK
-5.2%
Cash
225.3k NOK 1.03m NOK
+357.6%
Total assets
375.4k NOK 1.14m NOK
+203.8%

What improved

  • ↑

    Cash rose

    Bank deposits 225.3k NOK → 1.03m NOK (+357.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 5.65×. Calculated

  • ↑

    Payroll decreased

    Salary cost 431.7k NOK → 421.2k NOK (31% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.40m NOK to 855.8k NOK (-39.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +474.6k NOK → -57.5k NOK (op. margin 33.8% → -6.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 374.2k NOK profit to a loss of 51.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 989.9k NOK → 938.9k NOK (equity ratio 263.7% → 82.3%). Calculated