Org.nr 920 271 669 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET GLOMDAL JURIDISKE AS: årsregnskap 2022 vs 2021

Shrank 20% on revenue, weaker earnings

approved 2023-04-25; registry 2023-04-27; journal 2023 373834

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET GLOMDAL JURIDISKE AS. Revenue 1.93m NOK → 1.55m NOK (-19.6%). Net result +299.2k NOK → +97.9k NOK. Equity 632.2k NOK → 730.1k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET GLOMDAL JURIDISKE AS.

Scorecard

Revenue
1.93m NOK 1.55m NOK
-19.6%
Operating result
+386.1k NOK +123.7k NOK
-68.0%
Net result
+299.2k NOK +97.9k NOK
-67.3%
Equity
632.2k NOK 730.1k NOK
+15.5%
Cash
506.0k NOK 387.1k NOK
-23.5%
Total assets
1.25m NOK 1.13m NOK
-9.6%

What improved

  • ↑

    Equity strengthened

    Book equity 632.2k NOK → 730.1k NOK (equity ratio 50.6% → 64.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.93m NOK → 933.4k NOK (100% → 60% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.93m NOK to 1.55m NOK (-19.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +386.1k NOK → +123.7k NOK (op. margin 20.0% → 8.0%). Calculated

  • ↓

    Net result weakened

    Net result +299.2k NOK → +97.9k NOK (net margin 15.5% → 6.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 506.0k NOK → 387.1k NOK (-23.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8 464 NOK → -868 NOK (-110.3% YoY). Calculated