Org.nr 999 590 713 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA NIEDZIELSKI AS: årsregnskap 2022 vs 2021

Shrank 27% on revenue, weaker earnings

approved 2023-04-27; registry 2023-05-02; journal 2023 379269

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA NIEDZIELSKI AS. Revenue 6.36m NOK → 4.62m NOK (-27.3%). Net result +1.33m NOK → +221.7k NOK. Equity 1.46m NOK → 5.79m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA NIEDZIELSKI AS.

Scorecard

Revenue
6.36m NOK 4.62m NOK
-27.3%
Operating result
+1.71m NOK +287.0k NOK
-83.2%
Net result
+1.33m NOK +221.7k NOK
-83.4%
Equity
1.46m NOK 5.79m NOK
+295.1%
Cash
1.66m NOK 934.3k NOK
-43.7%
Total assets
2.87m NOK 1.66m NOK
-42.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.46m NOK → 5.79m NOK (equity ratio 51.0% → 347.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.26m NOK → 3.11m NOK (51% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.36m NOK to 4.62m NOK (-27.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.71m NOK → +287.0k NOK (op. margin 26.9% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +1.33m NOK → +221.7k NOK (net margin 21.0% → 4.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.66m NOK → 934.3k NOK (-43.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 31.9k NOK → 40.8k NOK (+27.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 41.3k NOK → -11.7k NOK. Reported fact