FirmaIQ
Org.nr 927 214 814 2022 → 2023 Year-over-year analysis

ADVOKAT ARVID SJØDIN AS: årsregnskap 2023 vs 2022

Shrank 7% on revenue, slipped into loss

approved 2024-02-13; registry 2024-06-20; journal 2024 528174

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT ARVID SJØDIN AS. Revenue 3.16m NOK → 2.94m NOK (-6.9%). Net result +361.8k NOK → -238.5k NOK. Equity 2.05m NOK → 1.81m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ARVID SJØDIN AS.

At a glance

Scorecard

Revenue
3.16m NOK 2.94m NOK
-6.9%
Operating result
+467.6k NOK -222.7k NOK
-147.6%
Net result
+361.8k NOK -238.5k NOK
-165.9%
Equity
2.05m NOK 1.81m NOK
-11.6%
Cash
168.2k NOK 703.8k NOK
+318.5%
Total assets
3.08m NOK 2.70m NOK
-12.4%

What improved

  • ↑

    Cash rose

    Bank deposits 168.2k NOK → 703.8k NOK (+318.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.16m NOK to 2.94m NOK (-6.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +467.6k NOK → -222.7k NOK (op. margin 14.8% → -7.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 361.8k NOK profit to a loss of 238.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.05m NOK → 1.81m NOK (equity ratio 66.7% → 67.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.99m NOK → 2.55m NOK (63% → 87% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 74.6k NOK → 57.6k NOK (-22.8% YoY). Calculated