FirmaIQ
Org.nr 889 201 762 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET JENSEN AS: årsregnskap 2022 vs 2021

Shrank 18% on revenue, weaker earnings

approved 2023-04-27; registry 2023-05-02; journal 2023 380170

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET JENSEN AS. Revenue 5.41m NOK → 4.45m NOK (-17.7%). Net result +1.37m NOK → +482.3k NOK. Equity 577.0k NOK → 958.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.41m NOK 4.45m NOK
-17.7%
Operating result
+1.74m NOK +619.1k NOK
-64.4%
Net result
+1.37m NOK +482.3k NOK
-64.7%
Equity
577.0k NOK 958.0k NOK
+66.0%
Cash
952.5k NOK 821.4k NOK
-13.8%
Total assets
3.17m NOK 1.62m NOK
-48.7%

What improved

  • ↑

    Equity strengthened

    Book equity 577.0k NOK → 958.0k NOK (equity ratio 18.2% → 59.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.92m NOK → 1.28m NOK (36% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.41m NOK to 4.45m NOK (-17.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.74m NOK → +619.1k NOK (op. margin 32.1% → 13.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.37m NOK → +482.3k NOK (net margin 25.3% → 10.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 952.5k NOK → 821.4k NOK (-13.8% YoY). Calculated