FirmaIQ
Org.nr 885 719 392 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET FØYEN AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-04-26; registry 2023-04-29; journal 2023 375014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET FØYEN AS. Revenue 169.98m NOK → 172.18m NOK (+1.3%). Net result 0 NOK → +47.11m NOK. Equity 33.99m NOK → 22.59m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET FØYEN AS.

At a glance

Scorecard

Revenue
169.98m NOK 172.18m NOK
+1.3%
Operating result
+54.52m NOK +47.29m NOK
-13.3%
Net result
0 NOK +47.11m NOK
—
Equity
33.99m NOK 22.59m NOK
-33.5%
Cash
8.78m NOK 4.13m NOK
-52.9%
Total assets
62.95m NOK 53.97m NOK
-14.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 169.98m NOK to 172.18m NOK (+1.3% YoY). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +47.11m NOK (net margin 0.0% → 27.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +54.52m NOK → +47.29m NOK (op. margin 32.1% → 27.5%). Calculated

  • ↓

    Equity eroded

    Book equity 33.99m NOK → 22.59m NOK (equity ratio 54.0% → 41.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.78m NOK → 4.13m NOK (-52.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 81.03m NOK → 87.74m NOK (48% → 51% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 71 → 72. Reported fact