FirmaIQ
Org.nr 987 675 799 2021 → 2022 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2022 vs 2021

Returned to profit, fresh owner capital

approved 2023-04-28; registry 2023-07-05; journal 2023 573997

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 12.43m NOK → 12.45m NOK (+0.2%). Net result -18.3k NOK → +70.5k NOK. Equity 1.05m NOK → 1.12m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE CHRISTIAN WIIG & CO AS.

At a glance

Scorecard

Revenue
12.43m NOK 12.45m NOK
+0.2%
Operating result
-12.0k NOK +102.2k NOK
+948.1%
Net result
-18.3k NOK +70.5k NOK
+484.3%
Equity
1.05m NOK 1.12m NOK
+6.7%
Cash
542.4k NOK 424.0k NOK
-21.8%
Total assets
4.33m NOK 4.73m NOK
+9.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.43m NOK to 12.45m NOK (+0.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -12.0k NOK → +102.2k NOK (op. margin -0.1% → 0.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 18.3k NOK to a profit of 70.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.05m NOK → 1.12m NOK (equity ratio 24.1% → 23.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 120 NOK → 120.0k NOK (+119.9k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 542.4k NOK → 424.0k NOK (-21.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.10m NOK → 9.42m NOK (73% → 76% of revenue). Calculated