ADVOKATFIRMAET EIDE & CO AS: årsregnskap 2022 vs 2021
Shrank 33% on revenue, weaker earnings, cash halved-plus
approved 2023-04-28; registry 2023-05-02; journal 2023 380885
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET EIDE & CO AS. Revenue 1.25m NOK → 837.3k NOK (-33.3%). Net result +252.4k NOK → +166.2k NOK. Equity -211.2k NOK → -45.1k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -211.2k NOK → -45.1k NOK (equity ratio -50.4% → -9.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.91× → 1.10×. Calculated
-
↑
Payroll decreased
Salary cost 390.1k NOK → 125.9k NOK (31% → 15% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.25m NOK to 837.3k NOK (-33.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +291.8k NOK → +210.1k NOK (op. margin 23.3% → 25.1%). Calculated
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↓
Net result weakened
Net result +252.4k NOK → +166.2k NOK (net margin 20.1% → 19.8%). Calculated
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↓
Cash fell
Bank deposits 123.2k NOK → 21.7k NOK (-82.4% YoY). Calculated