ADVOKATFIRMA FOLSERAAS AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, weaker earnings
approved 2023-04-25; registry 2023-04-27; journal 2023 372435
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA FOLSERAAS AS. Revenue 2.21m NOK → 2.39m NOK (+8.3%). Net result +541.1k NOK → +378.6k NOK. Equity 965.9k NOK → 244.5k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA FOLSERAAS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.21m NOK to 2.39m NOK (+8.3% YoY). Calculated
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↑
Cash rose
Bank deposits 58.5k NOK → 911.1k NOK (+1457.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 875.2k NOK → 1 176 NOK (40% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +688.7k NOK → +488.8k NOK (op. margin 31.2% → 20.5%). Calculated
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↓
Net result weakened
Net result +541.1k NOK → +378.6k NOK (net margin 24.5% → 15.8%). Calculated
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↓
Equity eroded
Book equity 965.9k NOK → 244.5k NOK (equity ratio 63.6% → 12.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 99.3k NOK → 0 NOK. Reported fact