Org.nr 918 529 349 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET JURISTHUSET AS: årsregnskap 2022 vs 2021

Shrank 12% on revenue, weaker earnings

approved 2023-07-20; registry 2023-07-24; journal 2023 644673

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET JURISTHUSET AS. Revenue 761.7k NOK → 670.0k NOK (-12.0%). Net result -110.6k NOK → -308.6k NOK. Equity 208.6k NOK → -100.0k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET JURISTHUSET AS.

Scorecard

Revenue
761.7k NOK 670.0k NOK
-12.0%
Operating result
-111.8k NOK -304.6k NOK
-172.4%
Net result
-110.6k NOK -308.6k NOK
-179.2%
Equity
208.6k NOK -100.0k NOK
-147.9%
Cash
70.7k NOK 44.0k NOK
-37.8%
Total assets
757.1k NOK 604.7k NOK
-20.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.55m NOK → 2 NOK (598% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 761.7k NOK to 670.0k NOK (-12.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -111.8k NOK → -304.6k NOK (op. margin -14.7% → -45.5%). Calculated

  • ↓

    Net result weakened

    Net result -110.6k NOK → -308.6k NOK (net margin -14.5% → -46.1%). Calculated

  • ↓

    Equity eroded

    Book equity 208.6k NOK → -100.0k NOK (equity ratio 27.6% → -16.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 70.7k NOK → 44.0k NOK (-37.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -16.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation