FirmaIQ
Org.nr 997 721 934 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET FRØY AS: årsregnskap 2022 vs 2021

Returned to profit, cash halved-plus, fresh owner capital

approved 2023-03-16; registry 2023-03-20; journal 2023 329115

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET FRØY AS. Revenue 15.43m NOK → 15.97m NOK (+3.5%). Net result -1.85m NOK → +1.63m NOK. Equity -668.3k NOK → 959.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET FRØY AS.

At a glance

Scorecard

Revenue
15.43m NOK 15.97m NOK
+3.5%
Operating result
-1.70m NOK +1.78m NOK
+204.2%
Net result
-1.85m NOK +1.63m NOK
+187.8%
Equity
-668.3k NOK 959.2k NOK
+243.5%
Cash
552.8k NOK 239.5k NOK
-56.7%
Total assets
4.81m NOK 4.06m NOK
-15.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.43m NOK to 15.97m NOK (+3.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.70m NOK → +1.78m NOK (op. margin -11.0% → 11.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.85m NOK to a profit of 1.63m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -668.3k NOK → 959.2k NOK (equity ratio -13.9% → 23.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.72× → 1.08×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 552.8k NOK → 239.5k NOK (-56.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 140.0k NOK → 257.3k NOK (+83.7% YoY). Calculated