FirmaIQ
Org.nr 994 267 256 2021 → 2022 Year-over-year analysis

ADVOKATENE SVEEN AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2023-05-02; registry 2023-05-04; journal 2023 386373

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATENE SVEEN AS. Revenue 2.08m NOK → 2.09m NOK (+0.5%). Net result +20.9k NOK → -429.7k NOK. Equity 1.43m NOK → 1.00m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE SVEEN AS.

At a glance

Scorecard

Revenue
2.08m NOK 2.09m NOK
+0.5%
Operating result
+71.2k NOK -390.9k NOK
-648.7%
Net result
+20.9k NOK -429.7k NOK
-2156.3%
Equity
1.43m NOK 1.00m NOK
-30.0%
Cash
46.3k NOK 64.8k NOK
+40.1%
Total assets
2.28m NOK 2.30m NOK
+0.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.08m NOK to 2.09m NOK (+0.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 46.3k NOK → 64.8k NOK (+40.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +71.2k NOK → -390.9k NOK (op. margin 3.4% → -18.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 20.9k NOK profit to a loss of 429.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.43m NOK → 1.00m NOK (equity ratio 62.7% → 43.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.16m NOK → 1.53m NOK (56% → 73% of revenue). Calculated