Org.nr 914 790 549 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET BRAUTE AS: årsregnskap 2022 vs 2021

Shrank 39% on revenue, slipped into loss

approved 2023-04-24; registry 2023-04-26; journal 2023 370209

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET BRAUTE AS. Revenue 972.2k NOK → 597.2k NOK (-38.6%). Net result +5 817 NOK → -182.7k NOK. Equity 299.9k NOK → 117.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRAUTE AS.

Scorecard

Revenue
972.2k NOK 597.2k NOK
-38.6%
Operating result
+6 592 NOK -232.4k NOK
-3625.5%
Net result
+5 817 NOK -182.7k NOK
-3240.4%
Equity
299.9k NOK 117.2k NOK
-60.9%
Cash
315.1k NOK 386.8k NOK
+22.7%
Total assets
484.8k NOK 506.5k NOK
+4.5%

What improved

  • ↑

    Cash rose

    Bank deposits 315.1k NOK → 386.8k NOK (+22.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 704.1k NOK → 574.2k NOK (72% → 96% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 972.2k NOK to 597.2k NOK (-38.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6 592 NOK → -232.4k NOK (op. margin 0.7% → -38.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5 817 NOK profit to a loss of 182.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 299.9k NOK → 117.2k NOK (equity ratio 61.9% → 23.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 25.3k NOK → 4 068 NOK (-83.9% YoY). Calculated