Org.nr 920 616 623 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA HODNE AS: årsregnskap 2022 vs 2021

Shrank 27% on revenue, slipped into loss, cash halved-plus

approved 2023-04-28; registry 2023-05-02; journal 2023 381593

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA HODNE AS. Revenue 2.33m NOK → 1.70m NOK (-27.3%). Net result +354.6k NOK → -364.0k NOK. Equity 924.0k NOK → 560.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
2.33m NOK 1.70m NOK
-27.3%
Operating result
+494.5k NOK -365.8k NOK
-174.0%
Net result
+354.6k NOK -364.0k NOK
-202.7%
Equity
924.0k NOK 560.0k NOK
-39.4%
Cash
747.4k NOK 155.4k NOK
-79.2%
Total assets
1.88m NOK 1.08m NOK
-42.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.33m NOK to 1.70m NOK (-27.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +494.5k NOK → -365.8k NOK (op. margin 21.2% → -21.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 354.6k NOK profit to a loss of 364.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 924.0k NOK → 560.0k NOK (equity ratio 49.3% → 51.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 747.4k NOK → 155.4k NOK (-79.2% YoY). Calculated