Org.nr 916 665 970 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET AAE AS: årsregnskap 2022 vs 2021

Shrank 32% on revenue, slipped into loss, cash halved-plus

approved 2023-04-28; registry 2023-05-03; journal 2023 382224

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET AAE AS. Revenue 7.81m NOK → 5.31m NOK (-32.0%). Net result +514.5k NOK → -404.0k NOK. Equity 360.4k NOK → 356.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
7.81m NOK 5.31m NOK
-32.0%
Operating result
+652.2k NOK -537.1k NOK
-182.3%
Net result
+514.5k NOK -404.0k NOK
-178.5%
Equity
360.4k NOK 356.4k NOK
-1.1%
Cash
434.0k NOK 150.7k NOK
-65.3%
Total assets
2.49m NOK 1.48m NOK
-40.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 5.56m NOK → 4.17m NOK (71% → 78% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.81m NOK to 5.31m NOK (-32.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +652.2k NOK → -537.1k NOK (op. margin 8.3% → -10.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 514.5k NOK profit to a loss of 404.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 360.4k NOK → 356.4k NOK (equity ratio 14.5% → 24.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 434.0k NOK → 150.7k NOK (-65.3% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 5. Reported fact