ADVOKATFIRMAET SGB AS: årsregnskap 2022 vs 2021
Weaker earnings
approved 2023-04-17; registry 2023-09-21; journal 2023 730279
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET SGB AS. Revenue 47.58m NOK → 48.05m NOK (+1.0%). Net result +19.29m NOK → +14.62m NOK. Equity 7.52m NOK → 6.70m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET SGB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 47.58m NOK to 48.05m NOK (+1.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 17.23m NOK → 10.35m NOK (36% → 22% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +19.41m NOK → +14.82m NOK (op. margin 40.8% → 30.8%). Calculated
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↓
Net result weakened
Net result +19.29m NOK → +14.62m NOK (net margin 40.5% → 30.4%). Calculated
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↓
Equity eroded
Book equity 7.52m NOK → 6.70m NOK (equity ratio 38.4% → 33.6%). Calculated
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↓
Cash fell
Bank deposits 5.96m NOK → 3.02m NOK (-49.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 6.97m NOK → 5.93m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 2.39m NOK → 2.72m NOK (+13.8% YoY). Calculated