ADVOKATENE GRAASVOLD & STENVAAG AS: årsregnskap 2022 vs 2021
Shrank 17% on revenue, weaker earnings
approved 2023-04-13; registry 2023-05-06; journal 2023 369605
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATENE GRAASVOLD & STENVAAG AS. Revenue 4.78m NOK → 3.97m NOK (-17.0%). Net result +784.6k NOK → +531.3k NOK. Equity 430.7k NOK → 362.0k NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATENE GRAASVOLD & STENVAAG AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +8 412 NOK → +690.3k NOK (op. margin 0.2% → 17.4%). Calculated
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Cash rose
Bank deposits 233.2k NOK → 696.8k NOK (+198.9% YoY). Calculated
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Payroll decreased
Salary cost 2.53m NOK → 1.97m NOK (53% → 50% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.78m NOK to 3.97m NOK (-17.0% YoY). Calculated
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↓
Net result weakened
Net result +784.6k NOK → +531.3k NOK (net margin 16.4% → 13.4%). Calculated
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↓
Equity eroded
Book equity 430.7k NOK → 362.0k NOK (equity ratio 15.0% → 20.5%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 17.5k NOK → 8 679 NOK (-50.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 4 → 2. Reported fact