Org.nr 997 372 301 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET MELAND AS: årsregnskap 2022 vs 2021

Shrank 31% on revenue, slipped into loss, cash halved-plus

approved 2023-05-02; registry 2023-05-04; journal 2023 385811

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET MELAND AS. Revenue 6.98m NOK → 4.83m NOK (-30.8%). Net result +26.1k NOK → -508.0k NOK. Equity 2.35m NOK → 1.23m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET MELAND AS.

Scorecard

Revenue
6.98m NOK 4.83m NOK
-30.8%
Operating result
+264.6k NOK -624.7k NOK
-336.1%
Net result
+26.1k NOK -508.0k NOK
-2046.7%
Equity
2.35m NOK 1.23m NOK
-47.7%
Cash
144.3k NOK 67.3k NOK
-53.4%
Total assets
5.88m NOK 6.17m NOK
+4.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.98m NOK to 4.83m NOK (-30.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +264.6k NOK → -624.7k NOK (op. margin 3.8% → -12.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 26.1k NOK profit to a loss of 508.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.35m NOK → 1.23m NOK (equity ratio 39.9% → 19.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 144.3k NOK → 67.3k NOK (-53.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 173.3k NOK → 96.3k NOK (-44.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 4. Reported fact