FirmaIQ
Org.nr 917 291 195 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET SØNNING AS: årsregnskap 2022 vs 2021

Shrank 21% on revenue, weaker earnings

approved 2023-03-31; registry 2023-04-27; journal 2023 373071

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET SØNNING AS. Revenue 2.59m NOK → 2.05m NOK (-20.8%). Net result +1.82m NOK → +1.27m NOK. Equity 811.0k NOK → 710.7k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.59m NOK 2.05m NOK
-20.8%
Operating result
+2.33m NOK +1.64m NOK
-29.7%
Net result
+1.82m NOK +1.27m NOK
-29.8%
Equity
811.0k NOK 710.7k NOK
-12.4%
Cash
504.1k NOK 775.5k NOK
+53.8%
Total assets
3.25m NOK 2.31m NOK
-28.9%

What improved

  • ↑

    Cash rose

    Bank deposits 504.1k NOK → 775.5k NOK (+53.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.59m NOK to 2.05m NOK (-20.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.33m NOK → +1.64m NOK (op. margin 89.9% → 79.7%). Calculated

  • ↓

    Net result weakened

    Net result +1.82m NOK → +1.27m NOK (net margin 70.1% → 62.2%). Calculated

  • ↓

    Equity eroded

    Book equity 811.0k NOK → 710.7k NOK (equity ratio 25.0% → 30.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5 234 NOK → 13.6k NOK (0% → 1% of revenue). Calculated