FirmaIQ
Org.nr 918 546 391 2021 → 2022 Year-over-year analysis

ADVOKATKONTORET FLØIEN AS: årsregnskap 2022 vs 2021

Shrank 45% on revenue, slipped into loss

approved 2023-04-29; registry 2023-05-03; journal 2023 382378

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATKONTORET FLØIEN AS. Revenue 6.73m NOK → 3.69m NOK (-45.2%). Net result +295.8k NOK → -1.20m NOK. Equity 2.02m NOK → 817.6k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
6.73m NOK 3.69m NOK
-45.2%
Operating result
+389.6k NOK -1.13m NOK
-390.3%
Net result
+295.8k NOK -1.20m NOK
-505.0%
Equity
2.02m NOK 817.6k NOK
-59.4%
Cash
516.1k NOK 359.9k NOK
-30.3%
Total assets
4.14m NOK 2.35m NOK
-43.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.67m NOK → 3.16m NOK (69% → 86% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.73m NOK to 3.69m NOK (-45.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +389.6k NOK → -1.13m NOK (op. margin 5.8% → -30.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 295.8k NOK profit to a loss of 1.20m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.02m NOK → 817.6k NOK (equity ratio 48.6% → 34.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 516.1k NOK → 359.9k NOK (-30.3% YoY). Calculated