FirmaIQ
Org.nr 915 063 640 2021 → 2022 Year-over-year analysis

ADVOKATENE PÅ ST. OLAVS PLASS AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-03-31; registry 2023-05-02; journal 2023 377351

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATENE PÅ ST. OLAVS PLASS AS. Revenue 1.17m NOK → 1.12m NOK (-3.7%). Net result -3 403 NOK → -57.2k NOK. Equity 8 460 NOK → -48.8k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE PÅ ST. OLAVS PLASS AS.

At a glance

Scorecard

Revenue
1.17m NOK 1.12m NOK
-3.7%
Operating result
+814 NOK -73.4k NOK
-9112.3%
Net result
-3 403 NOK -57.2k NOK
-1581.5%
Equity
8 460 NOK -48.8k NOK
-676.4%
Cash
292.1k NOK 280.7k NOK
-3.9%
Total assets
334.3k NOK 386.5k NOK
+15.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.17m NOK to 1.12m NOK (-3.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +814 NOK → -73.4k NOK (op. margin 0.1% → -6.5%). Calculated

  • ↓

    Net result weakened

    Net result -3 403 NOK → -57.2k NOK (net margin -0.3% → -5.1%). Calculated

  • ↓

    Equity eroded

    Book equity 8 460 NOK → -48.8k NOK (equity ratio 2.5% → -12.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 292.1k NOK → 280.7k NOK (-3.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation