Org.nr 922 091 463 2022 → 2023 Year-over-year analysis

ADVOKAT ANNICKEN IVERSEN AS: årsregnskap 2023 vs 2022

Grew 238% on revenue, slipped into loss

approved 2024-02-26; registry 2024-02-28; journal 2024 314180

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT ANNICKEN IVERSEN AS. Revenue 342.3k NOK → 1.16m NOK (+238.1%). Net result +152.5k NOK → -41.0k NOK. Equity 219.9k NOK → 179.0k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT ANNICKEN IVERSEN AS.

Scorecard

Revenue
342.3k NOK 1.16m NOK
+238.1%
Operating result
+160.2k NOK -41.5k NOK
-125.9%
Net result
+152.5k NOK -41.0k NOK
-126.9%
Equity
219.9k NOK 179.0k NOK
-18.6%
Cash
338.1k NOK 329.3k NOK
-2.6%
Total assets
405.0k NOK 394.91m NOK
+97405.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 342.3k NOK to 1.16m NOK (+238.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +160.2k NOK → -41.5k NOK (op. margin 46.8% → -3.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 152.5k NOK profit to a loss of 41.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 219.9k NOK → 179.0k NOK (equity ratio 54.3% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 338.1k NOK → 329.3k NOK (-2.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation