FirmaIQ
Org.nr 925 009 881 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET WENGER AS: årsregnskap 2022 vs 2021

Grew 211% on revenue, weaker earnings

approved 2023-04-20; registry 2023-04-24; journal 2023 367117

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET WENGER AS. Revenue 311.4k NOK → 967.1k NOK (+210.6%). Net result +180.7k NOK → +45.3k NOK. Equity 10.29m NOK → 337.0k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
311.4k NOK 967.1k NOK
+210.6%
Operating result
+223.3k NOK +61.2k NOK
-72.6%
Net result
+180.7k NOK +45.3k NOK
-74.9%
Equity
10.29m NOK 337.0k NOK
-96.7%
Cash
343.0k NOK 691.1k NOK
+101.5%
Total assets
354.6k NOK 937.2k NOK
+164.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 311.4k NOK to 967.1k NOK (+210.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 343.0k NOK → 691.1k NOK (+101.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +223.3k NOK → +61.2k NOK (op. margin 71.7% → 6.3%). Calculated

  • ↓

    Net result weakened

    Net result +180.7k NOK → +45.3k NOK (net margin 58.0% → 4.7%). Calculated

  • ↓

    Equity eroded

    Book equity 10.29m NOK → 337.0k NOK (equity ratio 2902.0% → 36.0%). Calculated