ADVOCATOR ADVOKATFIRMA AS: årsregnskap 2023 vs 2022
Shrank 22% on revenue, returned to profit
approved 2024-04-16; registry 2024-04-20; journal 2024 365898
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOCATOR ADVOKATFIRMA AS. Revenue 192.2k NOK → 150.0k NOK (-21.9%). Net result -120.1k NOK → +179.7k NOK. Equity 1.21m NOK → 1.04m NOK.
On the constructive side: operating result improved; turned profitable; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -160.0k NOK → +18.0k NOK (op. margin -83.3% → 12.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 120.1k NOK to a profit of 179.7k NOK. Calculated
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↑
Payroll decreased
Salary cost 2.27m NOK → 1 270 NOK (1181% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 192.2k NOK to 150.0k NOK (-21.9% YoY). Calculated
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↓
Equity eroded
Book equity 1.21m NOK → 1.04m NOK (equity ratio 88.3% → 96.1%). Calculated
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↓
Cash fell
Bank deposits 140.0k NOK → 124.1k NOK (-11.4% YoY). Calculated