ADVOKATFIRMA WOLLAND AS: årsregnskap 2022 vs 2021
Shrank 39% on revenue, returned to profit
approved 2023-05-31; registry 2023-06-07; journal 2023 468212
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA WOLLAND AS. Revenue 100.0k NOK → 61.1k NOK (-38.9%). Net result -24.5k NOK → +34.1k NOK. Equity 19.6k NOK → 53.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -24.5k NOK → +34.1k NOK (op. margin -24.5% → 55.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 24.5k NOK to a profit of 34.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 19.6k NOK → 53.7k NOK (equity ratio 100.0% → 100.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 100.0k NOK to 61.1k NOK (-38.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 18.7k NOK → 14.4k NOK (-22.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.50× → -1.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated