Org.nr 898 783 812 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET SIMONSEN VOGT WIIG AS: årsregnskap 2022 vs 2021

A steady year on the published lines

approved 2023-05-22; registry 2023-06-24; journal 2023 517088

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET SIMONSEN VOGT WIIG AS. Revenue 538.16m NOK → 512.08m NOK (-4.8%). Net result +13.70m NOK → +14.64m NOK. Equity 13.14bn NOK → 14.14bn NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG AS.

Scorecard

Revenue
538.16m NOK 512.08m NOK
-4.8%
Operating result
+236.56m NOK +186.22m NOK
-21.3%
Net result
+13.70m NOK +14.64m NOK
+6.9%
Equity
13.14bn NOK 14.14bn NOK
+7.7%
Cash
42.38m NOK 43.56m NOK
+2.8%
Total assets
218.90m NOK 215.03m NOK
-1.8%

What improved

  • ↑

    Net result improved

    Net result +13.70m NOK → +14.64m NOK (net margin 2.5% → 2.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.14bn NOK → 14.14bn NOK (equity ratio 6001.6% → 6577.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 42.38m NOK → 43.56m NOK (+2.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 272.6k NOK → 322.6k NOK (+50.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 538.16m NOK to 512.08m NOK (-4.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +236.56m NOK → +186.22m NOK (op. margin 44.0% → 36.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.22bn NOK → 4.24bn NOK (599% → 828% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.92m NOK → 2.14m NOK. Reported fact