FirmaIQ
Org.nr 989 168 142 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HEGG & CO AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-01-24; registry 2023-01-30; journal 2023 302549

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HEGG & CO AS. Revenue 15.67m NOK → 15.32m NOK (-2.2%). Net result +513.5k NOK → +93.0k NOK. Equity 1.42m NOK → 1.52m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
15.67m NOK 15.32m NOK
-2.2%
Operating result
+666.6k NOK +45.0k NOK
-93.3%
Net result
+513.5k NOK +93.0k NOK
-81.9%
Equity
1.42m NOK 1.52m NOK
+6.5%
Cash
6.86m NOK 5.24m NOK
-23.6%
Total assets
9.95m NOK 7.47m NOK
-24.9%

What improved

  • ↑

    Equity strengthened

    Book equity 1.42m NOK → 1.52m NOK (equity ratio 14.3% → 20.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.67m NOK to 15.32m NOK (-2.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +666.6k NOK → +45.0k NOK (op. margin 4.3% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +513.5k NOK → +93.0k NOK (net margin 3.3% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.86m NOK → 5.24m NOK (-23.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 12.19m NOK → 12.68m NOK (78% → 83% of revenue). Calculated