Org.nr 927 208 008 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET TINDVED AS: årsregnskap 2022 vs 2021

Shrank 46% on revenue, stronger earnings

approved 2023-04-25; registry 2023-05-02; journal 2023 380103

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET TINDVED AS. Revenue 626.9k NOK → 336.4k NOK (-46.3%). Net result +186.8k NOK → +809.7k NOK. Equity 2.73m NOK → 1.54m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
626.9k NOK 336.4k NOK
-46.3%
Operating result
+240.4k NOK +39.4k NOK
-83.6%
Net result
+186.8k NOK +809.7k NOK
+333.4%
Equity
2.73m NOK 1.54m NOK
-43.7%
Cash
339.7k NOK 465.3k NOK
+37.0%
Total assets
1.09m NOK n/m
—

What improved

  • ↑

    Net result improved

    Net result +186.8k NOK → +809.7k NOK (net margin 29.8% → 240.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 339.7k NOK → 465.3k NOK (+37.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 626.9k NOK to 336.4k NOK (-46.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +240.4k NOK → +39.4k NOK (op. margin 38.4% → 11.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.73m NOK → 1.54m NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.19× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 34.5k NOK → 2.91m NOK (6% → 866% of revenue). Calculated