Org.nr 912 125 084 2021 → 2022 Year-over-year analysis

ADVOKATFIRMA TJØNNDAL AS: årsregnskap 2022 vs 2021

Shrank 98% on revenue, returned to profit

approved 2023-03-15; registry 2023-03-29; journal 2023 340100

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA TJØNNDAL AS. Revenue 3.70m NOK → 71.4k NOK (-98.1%). Net result -31.7k NOK → +373.2k NOK. Equity 1.94m NOK → 2.31m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA TJØNNDAL AS.

Scorecard

Revenue
3.70m NOK 71.4k NOK
-98.1%
Operating result
-27.4k NOK +462.0k NOK
+1785.0%
Net result
-31.7k NOK +373.2k NOK
+1277.8%
Equity
1.94m NOK 2.31m NOK
+19.2%
Cash
2.12m NOK 3.17m NOK
+49.1%
Total assets
3.34m NOK 4.19m NOK
+25.5%

What improved

  • ↑

    Operating result improved

    Operating result -27.4k NOK → +462.0k NOK (op. margin -0.7% → 646.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 31.7k NOK to a profit of 373.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.94m NOK → 2.31m NOK (equity ratio 58.1% → 55.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.12m NOK → 3.17m NOK (+49.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.70m NOK to 71.4k NOK (-98.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.67m NOK → 2.81m NOK (72% → 3929% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 2.1. Reported fact