FirmaIQ
Org.nr 988 375 616 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET STANGELAND AS: årsregnskap 2022 vs 2021

Shrank 82% on revenue, stronger earnings

approved 2023-04-19; registry 2023-04-29; journal 2023 374204

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET STANGELAND AS. Revenue 911.2k NOK → 165.0k NOK (-81.9%). Net result -283.0k NOK → -112.4k NOK. Equity 1.20m NOK → 1.09m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
911.2k NOK 165.0k NOK
-81.9%
Operating result
-367.6k NOK -144.7k NOK
+60.6%
Net result
-283.0k NOK -112.4k NOK
+60.3%
Equity
1.20m NOK 1.09m NOK
-9.4%
Cash
1.01m NOK 823.6k NOK
-18.7%
Total assets
1.40m NOK 1.31m NOK
-6.1%

What improved

  • ↑

    Operating result improved

    Operating result -367.6k NOK → -144.7k NOK (op. margin -40.3% → -87.7%). Calculated

  • ↑

    Net result improved

    Net result -283.0k NOK → -112.4k NOK (net margin -31.1% → -68.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 911.2k NOK to 165.0k NOK (-81.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.20m NOK → 1.09m NOK (equity ratio 85.7% → 82.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.01m NOK → 823.6k NOK (-18.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 844.2k NOK → 885.5k NOK (93% → 537% of revenue). Calculated