ADVOKATFIRMAET SMEDSRUD AS: årsregnskap 2022 vs 2021
Shrank 7% on revenue, slipped into loss, cash halved-plus
approved 2023-04-25; registry 2023-04-29; journal 2023 375001
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET SMEDSRUD AS. Revenue 1.73m NOK → 1.61m NOK (-6.8%). Net result +201.1k NOK → -16.5k NOK. Equity 469.0k NOK → 452.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 822.2k NOK → 769.1k NOK (48% → 48% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.73m NOK to 1.61m NOK (-6.8% YoY). Calculated
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↓
Operating result weakened
Operating result +265.3k NOK → +27.2k NOK (op. margin 15.4% → 1.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 201.1k NOK profit to a loss of 16.5k NOK. Calculated
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↓
Equity eroded
Book equity 469.0k NOK → 452.4k NOK (equity ratio 51.4% → 56.4%). Calculated
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↓
Cash fell
Bank deposits 240.7k NOK → 46.7k NOK (-80.6% YoY). Calculated