Org.nr 995 903 849 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET TORUNN HAUG AS: årsregnskap 2022 vs 2021

Shrank 13% on revenue, weaker earnings

approved 2023-03-30; registry 2023-04-13; journal 2023 351489

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET TORUNN HAUG AS. Revenue 1.72m NOK → 1.49m NOK (-13.4%). Net result +212.9k NOK → +56.0k NOK. Equity 932.6k NOK → 788.6k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET TORUNN HAUG AS.

Scorecard

Revenue
1.72m NOK 1.49m NOK
-13.4%
Operating result
+272.0k NOK +73.8k NOK
-72.9%
Net result
+212.9k NOK +56.0k NOK
-73.7%
Equity
932.6k NOK 788.6k NOK
-15.4%
Cash
646.5k NOK 444.3k NOK
-31.3%
Total assets
1.19m NOK 949.6k NOK
-20.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.72m NOK to 1.49m NOK (-13.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +272.0k NOK → +73.8k NOK (op. margin 15.8% → 5.0%). Calculated

  • ↓

    Net result weakened

    Net result +212.9k NOK → +56.0k NOK (net margin 12.4% → 3.8%). Calculated

  • ↓

    Equity eroded

    Book equity 932.6k NOK → 788.6k NOK (equity ratio 78.4% → 83.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 646.5k NOK → 444.3k NOK (-31.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 245.7k NOK → 103.8k NOK (-57.7% YoY). Calculated