ADVOKATFIRMAET ØSTBERG AS: årsregnskap 2022 vs 2021
Shrank 8% on revenue, weaker earnings
approved 2023-04-26; registry 2023-05-03; journal 2023 382499
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ØSTBERG AS. Revenue 752.0k NOK → 692.4k NOK (-7.9%). Net result -68.2k NOK → -136.5k NOK. Equity 149.4k NOK → 12.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØSTBERG AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 752.0k NOK to 692.4k NOK (-7.9% YoY). Calculated
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Operating result weakened
Operating result -68.0k NOK → -136.5k NOK (op. margin -9.0% → -19.7%). Calculated
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Net result weakened
Net result -68.2k NOK → -136.5k NOK (net margin -9.1% → -19.7%). Calculated
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Equity eroded
Book equity 149.4k NOK → 12.9k NOK (equity ratio 37.1% → 9.3%). Calculated
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Cash fell
Bank deposits 125.6k NOK → 83.8k NOK (-33.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation