ADVOKATFIRMAET CAMPBELL & CO AS: årsregnskap 2022 vs 2021
Shrank 12% on revenue, weaker earnings, cash halved-plus
approved 2023-04-14; registry 2023-05-06; journal 2023 377524
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET CAMPBELL & CO AS. Revenue 31.24m NOK → 27.63m NOK (-11.6%). Net result +3.40m NOK → +2.20m NOK. Equity 2.43m NOK → 2.34m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET CAMPBELL & CO AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 20.06m NOK → 18.28m NOK (64% → 66% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 31.24m NOK to 27.63m NOK (-11.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +4.45m NOK → +2.97m NOK (op. margin 14.2% → 10.8%). Calculated
-
↓
Net result weakened
Net result +3.40m NOK → +2.20m NOK (net margin 10.9% → 8.0%). Calculated
-
↓
Equity eroded
Book equity 2.43m NOK → 2.34m NOK (equity ratio 18.3% → 19.4%). Calculated
-
↓
Cash fell
Bank deposits 2.27m NOK → 853.7k NOK (-62.4% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.27m NOK → 853.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Headcount (årsverk) changed
Reported FTEs 23 → 18. Reported fact