ADVOKATENE I VALDRES AS: årsregnskap 2022 vs 2021
Shrank 51% on revenue, slipped into loss
approved 2023-05-20; registry 2023-08-05; journal 2023 699191
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATENE I VALDRES AS. Revenue 234.0k NOK → 114.0k NOK (-51.3%). Net result +11.4k NOK → -15.7k NOK. Equity 6 129 NOK → -9 590 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE I VALDRES AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2 934 NOK → 26.9k NOK (+816.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 234.0k NOK to 114.0k NOK (-51.3% YoY). Calculated
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↓
Operating result weakened
Operating result +11.8k NOK → -15.6k NOK (op. margin 5.0% → -13.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 11.4k NOK profit to a loss of 15.7k NOK. Calculated
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↓
Equity eroded
Book equity 6 129 NOK → -9 590 NOK (equity ratio 17.3% → -35.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -35.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation