ADVOKATFIRMAET WANGBERG AS: årsregnskap 2022 vs 2021
Shrank 19% on revenue, weaker earnings
approved 2023-04-24; registry 2023-04-27; journal 2023 371396
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET WANGBERG AS. Revenue 6.11m NOK → 4.95m NOK (-19.0%). Net result +1.69m NOK → +930.4k NOK. Equity 699.8k NOK → 530.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
6.11m NOK
4.95m NOK
-19.0%
Operating result
+2.18m NOK
n/m
—
Net result
+1.69m NOK
+930.4k NOK
-44.9%
Equity
699.8k NOK
530.2k NOK
-24.2%
Cash
88.8k NOK
453.1k NOK
+410.4%
Total assets
3.54m NOK
3.10m NOK
-12.4%
What improved
-
↑
Cash rose
Bank deposits 88.8k NOK → 453.1k NOK (+410.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.11m NOK to 4.95m NOK (-19.0% YoY). Calculated
-
↓
Net result weakened
Net result +1.69m NOK → +930.4k NOK (net margin 27.6% → 18.8%). Calculated
-
↓
Equity eroded
Book equity 699.8k NOK → 530.2k NOK (equity ratio 19.7% → 17.1%). Calculated