FirmaIQ
Org.nr 918 329 110 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA SYVERTSEN AS: årsregnskap 2022 vs 2021

Shrank 23% on revenue, slipped into loss, cash halved-plus

approved 2023-05-04; registry 2023-05-11; journal 2023 398767

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA SYVERTSEN AS. Revenue 1.95m NOK → 1.50m NOK (-23.4%). Net result +216.7k NOK → -1.02m NOK. Equity 12.94m NOK → -82.4k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA SYVERTSEN AS.

At a glance

Scorecard

Revenue
1.95m NOK 1.50m NOK
-23.4%
Operating result
+730.0k NOK +579.7k NOK
-20.6%
Net result
+216.7k NOK -1.02m NOK
-572.6%
Equity
12.94m NOK -82.4k NOK
-100.6%
Cash
308.5k NOK 17.4k NOK
-94.4%
Total assets
3.00m NOK 2.98m NOK
-0.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.95m NOK to 1.50m NOK (-23.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +730.0k NOK → +579.7k NOK (op. margin 37.4% → 38.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 216.7k NOK profit to a loss of 1.02m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 12.94m NOK → -82.4k NOK (equity ratio 431.6% → -2.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 308.5k NOK → 17.4k NOK (-94.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation