Org.nr 992 837 160 2022 → 2023 Year-over-year analysis

69' NORD ADVOKATFIRMA AS: årsregnskap 2023 vs 2022

Grew 13% on revenue, returned to profit

approved 2024-04-29; registry 2024-05-02; journal 2024 387613

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 69' NORD ADVOKATFIRMA AS. Revenue 2.08m NOK → 2.35m NOK (+12.8%). Net result -95.0k NOK → +174.4k NOK. Equity 594.1k NOK → 768.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 69' NORD ADVOKATFIRMA AS.

Scorecard

Revenue
2.08m NOK 2.35m NOK
+12.8%
Operating result
-121.0k NOK +247.4k NOK
+304.5%
Net result
-95.0k NOK +174.4k NOK
+283.5%
Equity
594.1k NOK 768.5k NOK
+29.3%
Cash
508.7k NOK 310.6k NOK
-38.9%
Total assets
977.0k NOK 1 151 NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.08m NOK to 2.35m NOK (+12.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -121.0k NOK → +247.4k NOK (op. margin -5.8% → 10.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 95.0k NOK to a profit of 174.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 594.1k NOK → 768.5k NOK (equity ratio 60.8% → 66767.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 508.7k NOK → 310.6k NOK (-38.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.42× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 3. Reported fact