Org.nr 924 752 076 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET FUSCHE JENSSEN AS: årsregnskap 2022 vs 2021

Shrank 48% on revenue, returned to profit

approved 2023-04-17; registry 2023-04-24; journal 2023 365079

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET FUSCHE JENSSEN AS. Revenue 976.3k NOK → 503.8k NOK (-48.4%). Net result -29.3k NOK → +289.4k NOK. Equity 426.4k NOK → 715.8k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
976.3k NOK 503.8k NOK
-48.4%
Operating result
-30.6k NOK +367.2k NOK
+1299.8%
Net result
-29.3k NOK +289.4k NOK
+1088.4%
Equity
426.4k NOK 715.8k NOK
+67.9%
Cash
442.7k NOK 776.0k NOK
+75.3%
Total assets
638.7k NOK 198.5k NOK
-68.9%

What improved

  • ↑

    Operating result improved

    Operating result -30.6k NOK → +367.2k NOK (op. margin -3.1% → 72.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 29.3k NOK to a profit of 289.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 426.4k NOK → 715.8k NOK (equity ratio 66.8% → 360.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 442.7k NOK → 776.0k NOK (+75.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.65m NOK → 748.5k NOK (169% → 149% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 976.3k NOK to 503.8k NOK (-48.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.83× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated