Org.nr 982 409 705 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, weaker earnings

approved 2023-03-22; registry 2023-04-27; journal 2023 373345

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ARNTZEN AS. Revenue 511.21m NOK → 465.60m NOK (-8.9%). Net result +2.13m NOK → +1.70m NOK. Equity 228.7k NOK → 10.23m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
511.21m NOK 465.60m NOK
-8.9%
Operating result
+274.29m NOK +215.78m NOK
-21.3%
Net result
+2.13m NOK +1.70m NOK
-20.2%
Equity
228.7k NOK 10.23m NOK
+4372.5%
Cash
44.24m NOK 24.46m NOK
-44.7%
Total assets
252.34m NOK 207.72m NOK
-17.7%

What improved

  • ↑

    Equity strengthened

    Book equity 228.7k NOK → 10.23m NOK (equity ratio 0.1% → 4.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.16bn NOK → 2.15bn NOK (423% → 463% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 511.21m NOK to 465.60m NOK (-8.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +274.29m NOK → +215.78m NOK (op. margin 53.7% → 46.3%). Calculated

  • ↓

    Net result weakened

    Net result +2.13m NOK → +1.70m NOK (net margin 0.4% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 44.24m NOK → 24.46m NOK (-44.7% YoY). Calculated