Org.nr 925 995 711 2022 → 2023 Year-over-year analysis

1,5 ADVOKATFIRMA AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-04-22; registry 2024-05-04; journal 2024 389835

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 1,5 ADVOKATFIRMA AS. Revenue 5.97m NOK → 5.86m NOK (-1.8%). Net result +732.7k NOK → -192.0k NOK. Equity 1.77m NOK → 809.8k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1,5 ADVOKATFIRMA AS.

Scorecard

Revenue
5.97m NOK 5.86m NOK
-1.8%
Operating result
+942.3k NOK -201.2k NOK
-121.4%
Net result
+732.7k NOK -192.0k NOK
-126.2%
Equity
1.77m NOK 809.8k NOK
-54.2%
Cash
2.01m NOK 1.37m NOK
-31.7%
Total assets
3.03m NOK 3.92m NOK
+29.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.97m NOK → 3.43m NOK (66% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.97m NOK to 5.86m NOK (-1.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +942.3k NOK → -201.2k NOK (op. margin 15.8% → -3.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 732.7k NOK profit to a loss of 192.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.77m NOK → 809.8k NOK (equity ratio 58.2% → 20.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.01m NOK → 1.37m NOK (-31.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 250 NOK → 1 391 NOK. Reported fact