FirmaIQ
Org.nr 985 851 514 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS: årsregnskap 2022 vs 2021

Shrank 18% on revenue, returned to profit

approved 2023-04-27; registry 2023-05-02; journal 2023 378954

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS. Revenue 53.15m NOK → 43.69m NOK (-17.8%). Net result -12.4k NOK → +2 465 NOK. Equity 154.3k NOK → 156.8k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS.

At a glance

Scorecard

Revenue
53.15m NOK 43.69m NOK
-17.8%
Operating result
+23.76m NOK +16.99m NOK
-28.5%
Net result
-12.4k NOK +2 465 NOK
+119.9%
Equity
154.3k NOK 156.8k NOK
+1.6%
Cash
5.22m NOK 3.13m NOK
-40.0%
Total assets
20.31m NOK 16.41m NOK
-19.2%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 12.4k NOK to a profit of 2 465 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 154.3k NOK → 156.8k NOK (equity ratio 0.8% → 1.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 53.15m NOK to 43.69m NOK (-17.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +23.76m NOK → +16.99m NOK (op. margin 44.7% → 38.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.22m NOK → 3.13m NOK (-40.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 15.48m NOK → 15.53m NOK (29% → 36% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 27 → 23. Reported fact