FirmaIQ
Org.nr 812 015 362 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET STEINSVIK AS: årsregnskap 2022 vs 2021

Grew 37% on revenue, returned to profit

approved 2023-04-24; registry 2023-05-02; journal 2023 378017

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET STEINSVIK AS. Revenue 2.03m NOK → 2.78m NOK (+37.5%). Net result -1.23m NOK → +5.23m NOK. Equity -167.0k NOK → 59.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.03m NOK 2.78m NOK
+37.5%
Operating result
-1.22m NOK +227.1k NOK
+118.6%
Net result
-1.23m NOK +5.23m NOK
+526.1%
Equity
-167.0k NOK 59.4k NOK
+135.6%
Cash
257.2k NOK 195.1k NOK
-24.2%
Total assets
485.6k NOK 507.8k NOK
+4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.03m NOK to 2.78m NOK (+37.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.22m NOK → +227.1k NOK (op. margin -60.4% → 8.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.23m NOK to a profit of 5.23m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -167.0k NOK → 59.4k NOK (equity ratio -34.4% → 11.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.74× → 1.13×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 257.2k NOK → 195.1k NOK (-24.2% YoY). Calculated