Org.nr 918 181 202 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ERIKSSEN & CO AS: årsregnskap 2022 vs 2021

Shrank 16% on revenue, slipped into loss

approved 2023-04-18; registry 2023-04-20; journal 2023 361018

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ERIKSSEN & CO AS. Revenue 1.81m NOK → 1.52m NOK (-15.8%). Net result +28.8k NOK → -1 730 NOK. Equity 248.4k NOK → 246.7k NOK.

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 ERIKSSEN & CO AS.

Scorecard

Revenue
1.81m NOK 1.52m NOK
-15.8%
Operating result
+21.4k NOK +1 027 NOK
-95.2%
Net result
+28.8k NOK -1 730 NOK
-106.0%
Equity
248.4k NOK 246.7k NOK
-0.7%
Cash
245.0k NOK 235.5k NOK
-3.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 1.52m NOK (-15.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +21.4k NOK → +1 027 NOK (op. margin 1.2% → 0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 28.8k NOK profit to a loss of 1 730 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 248.4k NOK → 246.7k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 245.0k NOK → 235.5k NOK (-3.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.8k NOK → 3 893 NOK (-69.6% YoY). Calculated