FirmaIQ
Org.nr 961 559 626 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET HORGEN AS: årsregnskap 2022 vs 2021

Shrank 47% on revenue, stronger earnings

approved 2023-04-25; registry 2023-05-06; journal 2023 375254

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HORGEN AS. Revenue 337.5k NOK → 177.7k NOK (-47.3%). Net result +52.0k NOK → +71.3k NOK. Equity 296.2k NOK → 367.5k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
337.5k NOK 177.7k NOK
-47.3%
Operating result
+66.7k NOK +91.5k NOK
+37.1%
Net result
+52.0k NOK +71.3k NOK
+37.1%
Equity
296.2k NOK 367.5k NOK
+24.1%
Cash
206.9k NOK 2.44m NOK
+1077.8%
Total assets
275.7k NOK 2.49m NOK
+802.6%

What improved

  • ↑

    Operating result improved

    Operating result +66.7k NOK → +91.5k NOK (op. margin 19.8% → 51.5%). Calculated

  • ↑

    Net result improved

    Net result +52.0k NOK → +71.3k NOK (net margin 15.4% → 40.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 296.2k NOK → 367.5k NOK (equity ratio 107.4% → 14.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 206.9k NOK → 2.44m NOK (+1077.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.28× → 1.17×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 337.5k NOK to 177.7k NOK (-47.3% YoY). Calculated