ADVOKATFIRMAET HOEL WOLLBRÅTEN AS: årsregnskap 2022 vs 2021
Shrank 7% on revenue, weaker earnings, cash halved-plus
approved 2023-03-22; registry 2023-04-19; journal 2023 358581
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HOEL WOLLBRÅTEN AS. Revenue 1.77m NOK → 1.64m NOK (-7.0%). Net result +599.0k NOK → +327.5k NOK. Equity 930.3k NOK → 887.3k NOK.
On the constructive side: current ratio back above 1×. 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 HOEL WOLLBRÅTEN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.79× → 2.30×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.77m NOK to 1.64m NOK (-7.0% YoY). Calculated
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↓
Operating result weakened
Operating result +768.0k NOK → +416.0k NOK (op. margin 43.4% → 25.3%). Calculated
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↓
Net result weakened
Net result +599.0k NOK → +327.5k NOK (net margin 33.9% → 19.9%). Calculated
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↓
Equity eroded
Book equity 930.3k NOK → 887.3k NOK (equity ratio 258.6% → 56.1%). Calculated
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↓
Cash fell
Bank deposits 960.6k NOK → 244.8k NOK (-74.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 480.9k NOK → 5 482 NOK (-98.9% YoY). Calculated