Org.nr 916 797 524 2021 → 2022 Year-over-year analysis

ADVOKATHUSET VELAND OG THINGVOLD AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2023-04-28; registry 2023-05-02; journal 2023 379519

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATHUSET VELAND OG THINGVOLD AS. Revenue 5.16m NOK → 4.93m NOK (-4.5%). Net result +354.5k NOK → -276.5k NOK. Equity 970.7k NOK → 694.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
5.16m NOK 4.93m NOK
-4.5%
Operating result
+445.3k NOK -276.5k NOK
-162.1%
Net result
+354.5k NOK -276.5k NOK
-178.0%
Equity
970.7k NOK 694.2k NOK
-28.5%
Cash
923.2k NOK 639.1k NOK
-30.8%
Total assets
2.16m NOK 2.07m NOK
-4.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.16m NOK to 4.93m NOK (-4.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +445.3k NOK → -276.5k NOK (op. margin 8.6% → -5.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 354.5k NOK profit to a loss of 276.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 970.7k NOK → 694.2k NOK (equity ratio 44.9% → 33.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 923.2k NOK → 639.1k NOK (-30.8% YoY). Calculated