ADVOKATFIRMAET BERG AS: årsregnskap 2022 vs 2021
Slipped into loss
approved 2023-04-23; registry 2023-04-26; journal 2023 369179
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET BERG AS. Revenue 11.29m NOK → 11.04m NOK (-2.2%). Net result +8 137 NOK → -299.2k NOK. Equity 536.8k NOK → 237.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 7.79m NOK → 7.17m NOK (69% → 65% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.29m NOK to 11.04m NOK (-2.2% YoY). Calculated
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↓
Operating result weakened
Operating result +91.7k NOK → -342.4k NOK (op. margin 0.8% → -3.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 8 137 NOK profit to a loss of 299.2k NOK. Calculated
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↓
Equity eroded
Book equity 536.8k NOK → 237.6k NOK (equity ratio 13.4% → 8.6%). Calculated
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↓
Cash fell
Bank deposits 340.9k NOK → 219.2k NOK (-35.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 70.0k NOK → 0 NOK. Reported fact