Org.nr 987 897 643 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET NYHEIM AS: årsregnskap 2022 vs 2021

Shrank 14% on revenue, stronger earnings

approved 2023-04-28; registry 2023-05-03; journal 2023 381927

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET NYHEIM AS. Revenue 1.79m NOK → 1.55m NOK (-13.7%). Net result +5 922 NOK → +33.2k NOK. Equity 9.25m NOK → 9.28m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET NYHEIM AS.

Scorecard

Revenue
1.79m NOK 1.55m NOK
-13.7%
Operating result
+137.8k NOK +355.7k NOK
+158.2%
Net result
+5 922 NOK +33.2k NOK
+461.0%
Equity
9.25m NOK 9.28m NOK
+0.4%
Cash
478.8k NOK 526.6k NOK
+10.0%
Total assets
14.94m NOK 15.52m NOK
+3.9%

What improved

  • ↑

    Operating result improved

    Operating result +137.8k NOK → +355.7k NOK (op. margin 7.7% → 23.0%). Calculated

  • ↑

    Net result improved

    Net result +5 922 NOK → +33.2k NOK (net margin 0.3% → 2.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.25m NOK → 9.28m NOK (equity ratio 61.9% → 59.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 478.8k NOK → 526.6k NOK (+10.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.79m NOK to 1.55m NOK (-13.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.09× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 272.9k NOK → 527.2k NOK (15% → 34% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 272.9k NOK → 7 500 NOK (-97.3% YoY). Calculated