FirmaIQ
Org.nr 984 984 375 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2022 vs 2021

Shrank 18% on revenue, weaker earnings

approved 2023-04-20; registry 2023-05-02; journal 2023 377410

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 317.7k NOK → 260.8k NOK (-17.9%). Net result +72.3k NOK → +28.4k NOK. Equity 246.3k NOK → 207.7k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
317.7k NOK 260.8k NOK
-17.9%
Operating result
+97.8k NOK +46.9k NOK
-52.0%
Net result
+72.3k NOK +28.4k NOK
-60.7%
Equity
246.3k NOK 207.7k NOK
-15.7%
Cash
314.3k NOK 229.5k NOK
-27.0%
Total assets
359.2k NOK 306.6k NOK
-14.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 317.7k NOK to 260.8k NOK (-17.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +97.8k NOK → +46.9k NOK (op. margin 30.8% → 18.0%). Calculated

  • ↓

    Net result weakened

    Net result +72.3k NOK → +28.4k NOK (net margin 22.8% → 10.9%). Calculated

  • ↓

    Equity eroded

    Book equity 246.3k NOK → 207.7k NOK (equity ratio 68.5% → 67.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 314.3k NOK → 229.5k NOK (-27.0% YoY). Calculated