Org.nr 917 472 270 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HERSTAD AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-05-03; registry 2023-05-31; journal 2023 440902

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HERSTAD AS. Net result +496.2k NOK → +356.4k NOK. Equity 901.0k NOK → 257.4k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Revenue

3.67m NOK n/m

—

Operating result

+662.7k NOK +432.9k NOK

-34.7%

Net result

+496.2k NOK +356.4k NOK

-28.2%

Equity

901.0k NOK 257.4k NOK

-71.4%

Cash

886.9k NOK 155.9k NOK

-82.4%

Total assets

1.72m NOK 1.95m NOK

+13.3%

↓
Operating result weakened

Operating result +662.7k NOK → +432.9k NOK. Calculated
↓
Net result weakened

Net result +496.2k NOK → +356.4k NOK. Calculated
↓
Equity eroded

Book equity 901.0k NOK → 257.4k NOK (equity ratio 52.3% → 13.2%). Calculated
↓
Cash fell

Bank deposits 886.9k NOK → 155.9k NOK (-82.4% YoY). Calculated