Org.nr 977 107 326 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2022 vs 2021

Shrank 19% on revenue, slipped into loss

approved 2023-03-20; registry 2023-04-22; journal 2023 362220

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 1.87m NOK → 1.51m NOK (-19.2%). Net result +18.0k NOK → -96.0k NOK. Equity 241.0k NOK → 145.0k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
1.87m NOK 1.51m NOK
-19.2%
Operating result
+21.4k NOK -122.9k NOK
-673.3%
Net result
+18.0k NOK -96.0k NOK
-632.7%
Equity
241.0k NOK 145.0k NOK
-39.8%
Cash
207.2k NOK 211.1k NOK
+1.9%
Total assets
579.4k NOK 510.5k NOK
-11.9%

What improved

  • ↑

    Cash rose

    Bank deposits 207.2k NOK → 211.1k NOK (+1.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.87m NOK to 1.51m NOK (-19.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +21.4k NOK → -122.9k NOK (op. margin 1.1% → -8.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 18.0k NOK profit to a loss of 96.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 241.0k NOK → 145.0k NOK (equity ratio 41.6% → 28.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 225 NOK → 1.04m NOK (0% → 69% of revenue). Calculated