ADVOKATFIRMA VARJAG AS: årsregnskap 2022 vs 2021
Shrank 60% on revenue, weaker earnings, cash halved-plus
approved 2023-03-10; registry 2023-03-15; journal 2023 324744
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA VARJAG AS. Revenue 8.26m NOK → 3.27m NOK (-60.3%). Net result +774.4k NOK → +123.8k NOK. Equity 650.1k NOK → 573.9k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA VARJAG AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.44×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.26m NOK to 3.27m NOK (-60.3% YoY). Calculated
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↓
Operating result weakened
Operating result +770.2k NOK → +121.3k NOK (op. margin 9.3% → 3.7%). Calculated
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↓
Net result weakened
Net result +774.4k NOK → +123.8k NOK (net margin 9.4% → 3.8%). Calculated
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↓
Equity eroded
Book equity 650.1k NOK → 573.9k NOK (equity ratio 31.0% → 33.9%). Calculated
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↓
Cash fell
Bank deposits 878.5k NOK → 10.4k NOK (-98.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.69m NOK → 14.5k NOK (-99.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 2.2. Reported fact