FirmaIQ
Org.nr 984 430 361 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET WOLD AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-04-25; registry 2023-04-29; journal 2023 374272

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET WOLD AS. Revenue 8.94m NOK → 8.54m NOK (-4.5%). Net result +1.14m NOK → +900.9k NOK. Equity 3.28m NOK → 3.38m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET WOLD AS.

At a glance

Scorecard

Revenue
8.94m NOK 8.54m NOK
-4.5%
Operating result
+1.46m NOK +1.13m NOK
-22.4%
Net result
+1.14m NOK +900.9k NOK
-21.2%
Equity
3.28m NOK 3.38m NOK
+3.1%
Cash
2.82m NOK 1.81m NOK
-35.7%
Total assets
6.57m NOK 6.47m NOK
-1.5%

What improved

  • ↑

    Equity strengthened

    Book equity 3.28m NOK → 3.38m NOK (equity ratio 49.9% → 52.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.79m NOK → 5.55m NOK (65% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.94m NOK to 8.54m NOK (-4.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.46m NOK → +1.13m NOK (op. margin 16.3% → 13.2%). Calculated

  • ↓

    Net result weakened

    Net result +1.14m NOK → +900.9k NOK (net margin 12.8% → 10.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.82m NOK → 1.81m NOK (-35.7% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 6.5. Reported fact