ADVOKATFIRMAET HVATTUM AS: årsregnskap 2022 vs 2021
Shrank 26% on revenue, weaker earnings
approved 2023-03-14; registry 2023-03-27; journal 2023 337669
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET HVATTUM AS. Revenue 707.8k NOK → 523.9k NOK (-26.0%). Net result +166.7k NOK → +12.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 284.6k NOK → 195.9k NOK (40% → 37% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 707.8k NOK to 523.9k NOK (-26.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +21.4k NOK → +12.9k NOK (op. margin 3.0% → 2.5%). Calculated
-
↓
Net result weakened
Net result +166.7k NOK → +12.0k NOK (net margin 23.5% → 2.3%). Calculated
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↓
Cash fell
Bank deposits 186.0k NOK → 133.4k NOK (-28.3% YoY). Calculated