Org.nr 918 923 683 2022 → 2023 Year-over-year analysis

ADVOKAT ANDERS STUB SØTORP AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-04-29; registry 2024-05-02; journal 2024 387103

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT ANDERS STUB SØTORP AS. Revenue 3.14m NOK → 3.16m NOK (+0.8%). Net result +428.9k NOK → +493.1k NOK. Equity 10.25m NOK → 346.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKAT ANDERS STUB SØTORP AS.

Scorecard

Revenue
3.14m NOK 3.16m NOK
+0.8%
Operating result
+577.7k NOK +629.4k NOK
+8.9%
Net result
+428.9k NOK +493.1k NOK
+15.0%
Equity
10.25m NOK 346.5k NOK
-96.6%
Cash
781.0k NOK 52.7k NOK
-93.3%
Total assets
2.52m NOK 3.08m NOK
+22.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.14m NOK to 3.16m NOK (+0.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +577.7k NOK → +629.4k NOK (op. margin 18.4% → 19.9%). Calculated

  • ↑

    Net result improved

    Net result +428.9k NOK → +493.1k NOK (net margin 13.7% → 15.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.28m NOK → 1.00m NOK (41% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.25m NOK → 346.5k NOK (equity ratio 407.1% → 11.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 781.0k NOK → 52.7k NOK (-93.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 341.6k NOK → 499.9k NOK (+46.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8 000 NOK → 6 NOK. Reported fact