ADVOKATFIRMAET YRJAR AS: årsregnskap 2022 vs 2021
Grew 418% on revenue, weaker earnings
approved 2023-06-16; registry 2023-06-21; journal 2023 506644
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET YRJAR AS. Revenue 630.4k NOK → 3.27m NOK (+418.5%). Net result +816.7k NOK → +53.3k NOK. Equity 990.8k NOK → 44.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET YRJAR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 630.4k NOK to 3.27m NOK (+418.5% YoY). Calculated
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Operating result improved
Operating result +96.1k NOK → +170.6k NOK (op. margin 15.2% → 5.2%). Calculated
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Cash rose
Bank deposits 375.5k NOK → 401.6k NOK (+7.0% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.57× → 1.58×. Calculated
What deteriorated
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Net result weakened
Net result +816.7k NOK → +53.3k NOK (net margin 129.6% → 1.6%). Calculated
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Equity eroded
Book equity 990.8k NOK → 44.1k NOK (equity ratio 31.8% → 1.6%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.14m NOK → 1.44m NOK (181% → 44% of revenue). Calculated
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COGS fell
COGS / varekostnad 183.3k NOK → 145.8k NOK (-20.5% YoY). Calculated