FirmaIQ
Org.nr 986 516 018 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA LOHNE KROKEIDE AS: årsregnskap 2022 vs 2021

Shrank 7% on revenue, weaker earnings

approved 2023-04-28; registry 2023-05-03; journal 2023 382834

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA LOHNE KROKEIDE AS. Revenue 12.84m NOK → 11.89m NOK (-7.4%). Net result +3.55m NOK → +2.51m NOK. Equity 551.4k NOK → 557.6k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
12.84m NOK 11.89m NOK
-7.4%
Operating result
+4.54m NOK +3.19m NOK
-29.6%
Net result
+3.55m NOK +2.51m NOK
-29.3%
Equity
551.4k NOK 557.6k NOK
+1.1%
Cash
1.32m NOK 1.41m NOK
+7.2%
Total assets
7.19m NOK 5.41m NOK
-24.7%

What improved

  • ↑

    Equity strengthened

    Book equity 551.4k NOK → 557.6k NOK (equity ratio 7.7% → 10.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.32m NOK → 1.41m NOK (+7.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.84m NOK to 11.89m NOK (-7.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.54m NOK → +3.19m NOK (op. margin 35.3% → 26.9%). Calculated

  • ↓

    Net result weakened

    Net result +3.55m NOK → +2.51m NOK (net margin 27.6% → 21.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.17m NOK → 6.22m NOK (48% → 52% of revenue). Calculated