ADVOKATFIRMA WÅLAND AS: årsregnskap 2022 vs 2021
Shrank 33% on revenue, weaker earnings
registry 2023-05-02; journal 2023 378689
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA WÅLAND AS. Revenue 3.88m NOK → 2.59m NOK (-33.4%). Net result +633.4k NOK → +221.6k NOK. Equity 663.4k NOK → 584.9k 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; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA WÅLAND AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.38× → 1.90×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.88m NOK to 2.59m NOK (-33.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +810.4k NOK → -106.0k NOK (op. margin 20.9% → -4.1%). Calculated
-
↓
Net result weakened
Net result +633.4k NOK → +221.6k NOK (net margin 16.3% → 8.6%). Calculated
-
↓
Equity eroded
Book equity 663.4k NOK → 584.9k NOK (equity ratio 48.5% → 29.9%). Calculated
-
↓
Cash fell
Bank deposits 417.6k NOK → 212.6k NOK (-49.1% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 483.3k NOK → 887 NOK (-99.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 3 NOK → 1.07m NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 1.2 → 1. Reported fact