FirmaIQ
Org.nr 913 669 932 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA SØLVERUD AS: årsregnskap 2022 vs 2021

Shrank 10% on revenue, slipped into loss, cash halved-plus

approved 2023-05-12; registry 2023-05-22; journal 2023 417555

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA SØLVERUD AS. Revenue 4.19m NOK → 3.77m NOK (-10.0%). Net result +3.30m NOK → -705.7k NOK. Equity 331.5k NOK → -374.2k NOK.

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

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SØLVERUD AS.

At a glance

Scorecard

Revenue
4.19m NOK 3.77m NOK
-10.0%
Operating result
+347.7k NOK -698.4k NOK
-300.9%
Net result
+3.30m NOK -705.7k NOK
-121.4%
Equity
331.5k NOK -374.2k NOK
-212.9%
Cash
565.1k NOK 45.9k NOK
-91.9%
Total assets
1.71m NOK 928.5k NOK
-45.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.19m NOK to 3.77m NOK (-10.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +347.7k NOK → -698.4k NOK (op. margin 8.3% → -18.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.30m NOK profit to a loss of 705.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 331.5k NOK → -374.2k NOK (equity ratio 19.3% → -40.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 565.1k NOK → 45.9k NOK (-91.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -40.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 4. Reported fact