ADVOKATFIRMAET VAGHEFI AS: årsregnskap 2022 vs 2021
Shrank 76% on revenue, stronger earnings
approved 2023-04-27; registry 2023-05-02; journal 2023 378019
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET VAGHEFI AS. Revenue 714.9k NOK → 174.4k NOK (-75.6%). Net result -21.4k NOK → -3 951 NOK. Equity 437.1k NOK → 433.1k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET VAGHEFI AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -21.8k NOK → -402 NOK (op. margin -3.0% → -0.2%). Calculated
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Net result improved
Net result -21.4k NOK → -3 951 NOK (net margin -3.0% → -2.3%). Calculated
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Cash rose
Bank deposits 406.5k NOK → 679.1k NOK (+67.1% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 714.9k NOK to 174.4k NOK (-75.6% YoY). Calculated
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Equity eroded
Book equity 437.1k NOK → 433.1k NOK (equity ratio 68.5% → 1152.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.17× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 510.4k NOK → 962.7k NOK (71% → 552% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 16.1k NOK → 0 NOK. Reported fact