FirmaIQ
Org.nr 925 260 185 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET MDM AS: årsregnskap 2022 vs 2021

Weaker earnings, fresh owner capital

approved 2023-05-29; registry 2023-05-31; journal 2023 442488

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET MDM AS. Net result -122.0k NOK → -645.7k NOK. Equity 306.0k NOK → -339.7k NOK.

On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-4 782 NOK -4 834 NOK
-1.1%
Net result
-122.0k NOK -645.7k NOK
-429.1%
Equity
306.0k NOK -339.7k NOK
-211.0%
Cash
-22.9k NOK -8 606 NOK
+62.4%
Total assets
1.10m NOK 502.6k NOK
-54.3%

What improved

  • ↑

    Cash rose

    Bank deposits -22.9k NOK → -8 606 NOK (+62.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -48.05× → 58.40×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 782 NOK → -4 834 NOK. Calculated

  • ↓

    Net result weakened

    Net result -122.0k NOK → -645.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 306.0k NOK → -339.7k NOK (equity ratio 27.8% → -67.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -67.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation