Org.nr 924 915 692 2021 → 2022 Year-over-year analysis

ADVOKATGUIDEN AS: årsregnskap 2022 vs 2021

Grew 5122% on revenue, weaker earnings

approved 2023-06-15; registry 2023-06-29; journal 2023 538369

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATGUIDEN AS. Revenue 34.1k NOK → 1.78m NOK (+5122.3%). Net result -1.11m NOK → -5.91m NOK. Equity -1.05m NOK → -6.96m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; 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 ADVOKATGUIDEN AS.

Scorecard

Revenue
34.1k NOK 1.78m NOK
+5122.3%
Operating result
-1.11m NOK -5.90m NOK
-433.2%
Net result
-1.11m NOK -5.91m NOK
-434.7%
Equity
-1.05m NOK -6.96m NOK
-563.4%
Cash
72.1k NOK 80.3k NOK
+11.4%
Total assets
310.3k NOK 202.9k NOK
-34.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.1k NOK to 1.78m NOK (+5122.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 72.1k NOK → 80.3k NOK (+11.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.23× → 1.36×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.11m NOK → -5.90m NOK (op. margin -3248.0% → -331.6%). Calculated

  • ↓

    Net result weakened

    Net result -1.11m NOK → -5.91m NOK (net margin -3246.8% → -332.4%). Calculated

  • ↓

    Equity eroded

    Book equity -1.05m NOK → -6.96m NOK (equity ratio -338.2% → -3431.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3431.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 79.6k NOK → 1.21m NOK (234% → 68% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 170.0k NOK → 154.7k NOK (-9.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.5. Reported fact