Org.nr 919 084 588 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET JOHANNESSEN AS: årsregnskap 2022 vs 2021

Shrank 6% on revenue, weaker earnings

approved 2023-03-24; registry 2023-03-27; journal 2023 338312

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET JOHANNESSEN AS. Revenue 2.57m NOK → 2.40m NOK (-6.4%). Net result +499.2k NOK → +374.9k NOK. Equity 1.52m NOK → 1.89m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.57m NOK 2.40m NOK
-6.4%
Operating result
+638.4k NOK +481.4k NOK
-24.6%
Net result
+499.2k NOK +374.9k NOK
-24.9%
Equity
1.52m NOK 1.89m NOK
+24.7%
Cash
1.68m NOK 2.15m NOK
+27.9%
Total assets
2.83m NOK 3.16m NOK
+11.9%

What improved

  • ↑

    Equity strengthened

    Book equity 1.52m NOK → 1.89m NOK (equity ratio 53.7% → 59.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.68m NOK → 2.15m NOK (+27.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.48m NOK → 1.45m NOK (58% → 60% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.57m NOK to 2.40m NOK (-6.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +638.4k NOK → +481.4k NOK (op. margin 24.9% → 20.0%). Calculated

  • ↓

    Net result weakened

    Net result +499.2k NOK → +374.9k NOK (net margin 19.4% → 15.6%). Calculated