FirmaIQ
Org.nr 991 989 021 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA FINNE LANGE AS: årsregnskap 2022 vs 2021

Shrank 30% on revenue, weaker earnings

approved 2023-04-24; registry 2023-04-26; journal 2023 370580

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA FINNE LANGE AS. Revenue 3.71m NOK → 2.58m NOK (-30.4%). Net result +1.28m NOK → +522.0k NOK. Equity 4.14m NOK → 4.36m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.71m NOK 2.58m NOK
-30.4%
Operating result
+1.64m NOK +680.7k NOK
-58.5%
Net result
+1.28m NOK +522.0k NOK
-59.1%
Equity
4.14m NOK 4.36m NOK
+5.4%
Cash
3.89m NOK 3.52m NOK
-9.6%
Total assets
6.08m NOK 5.38m NOK
-11.6%

What improved

  • ↑

    Equity strengthened

    Book equity 4.14m NOK → 4.36m NOK (equity ratio 68.1% → 81.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.71m NOK to 2.58m NOK (-30.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.64m NOK → +680.7k NOK (op. margin 44.2% → 26.3%). Calculated

  • ↓

    Net result weakened

    Net result +1.28m NOK → +522.0k NOK (net margin 34.4% → 20.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.89m NOK → 3.52m NOK (-9.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9 NOK → 1.06m NOK (0% → 41% of revenue). Calculated