ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 2022 vs 2021
Shrank 14% on revenue, stronger earnings, cash halved-plus
approved 2023-03-22; registry 2023-03-25; journal 2023 334968
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 2.50m NOK → 2.15m NOK (-14.3%). Net result +22.0k NOK → +473.8k NOK. Equity 1.17m NOK → 892.0k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET DENNIS R BRORSTRØM AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +22.0k NOK → +473.8k NOK (net margin 0.9% → 22.1%). Calculated
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Payroll decreased
Salary cost 755.0k NOK → 728.3k NOK (30% → 34% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.50m NOK to 2.15m NOK (-14.3% YoY). Calculated
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Operating result weakened
Operating result +1.32m NOK → +898.3k NOK (op. margin 52.5% → 41.9%). Calculated
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Equity eroded
Book equity 1.17m NOK → 892.0k NOK (equity ratio 36.6% → 36.9%). Calculated
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Cash fell
Bank deposits 1.27m NOK → 614.8k NOK (-51.6% YoY). Calculated
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COGS moved
COGS / varekostnad 1 118 NOK → 9 387 NOK (+739.6% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1.48m NOK → 1.44m NOK. Reported fact