FirmaIQ
Org.nr 889 032 782 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET NAVJORD AS: årsregnskap 2022 vs 2021

Shrank 15% on revenue, weaker earnings, cash halved-plus

approved 2023-04-28; registry 2023-05-02; journal 2023 380894

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET NAVJORD AS. Revenue 2.30m NOK → 1.96m NOK (-14.9%). Net result +90.5k NOK → +6 918 NOK. Equity 745.1k NOK → 632.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.30m NOK 1.96m NOK
-14.9%
Operating result
+173.5k NOK +74.5k NOK
-57.1%
Net result
+90.5k NOK +6 918 NOK
-92.4%
Equity
745.1k NOK 632.0k NOK
-15.2%
Cash
240.4k NOK 102.2k NOK
-57.5%
Total assets
2.22m NOK n/m
—

What improved

  • ↑

    Payroll decreased

    Salary cost 1.41m NOK → 1.31m NOK (61% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.30m NOK to 1.96m NOK (-14.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +173.5k NOK → +74.5k NOK (op. margin 7.5% → 3.8%). Calculated

  • ↓

    Net result weakened

    Net result +90.5k NOK → +6 918 NOK (net margin 3.9% → 0.4%). Calculated

  • ↓

    Equity eroded

    Book equity 745.1k NOK → 632.0k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 240.4k NOK → 102.2k NOK (-57.5% YoY). Calculated