ADVOKATFIRMAET MONSEN AS: årsregnskap 2022 vs 2021
Shrank 23% on revenue, stronger earnings, cash halved-plus
approved 2023-03-08; registry 2023-03-11; journal 2023 321665
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET MONSEN AS. Revenue 773.3k NOK → 593.9k NOK (-23.2%). Net result +193.7k NOK → +380.1k NOK. Equity 206.5k NOK → 586.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMAET MONSEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +227.0k NOK → +487.0k NOK (op. margin 29.4% → 82.0%). Calculated
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Net result improved
Net result +193.7k NOK → +380.1k NOK (net margin 25.1% → 64.0%). Calculated
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↑
Equity strengthened
Book equity 206.5k NOK → 586.6k NOK (equity ratio 40.9% → 61.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 773.3k NOK to 593.9k NOK (-23.2% YoY). Calculated
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↓
Cash fell
Bank deposits 2.43m NOK → 869.1k NOK (-64.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 480.4k NOK → 989.3k NOK (62% → 167% of revenue). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.43m NOK → 869.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation