ADVOKAT AS: årsregnskap 2023 vs 2022
Shrank 84% on revenue, stronger earnings
approved 2024-04-23; registry 2024-04-25; journal 2024 376593
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT AS. Revenue 630.5k NOK → 102.4k NOK (-83.8%). Net result +216.9k NOK → +473.7k NOK. Equity 426.5k NOK → 900.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +231.9k NOK → +608.9k NOK (op. margin 36.8% → 594.7%). Calculated
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Net result improved
Net result +216.9k NOK → +473.7k NOK (net margin 34.4% → 462.6%). Calculated
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Equity strengthened
Book equity 426.5k NOK → 900.1k NOK (equity ratio 74.6% → 659.8%). Calculated
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Cash rose
Bank deposits 434.7k NOK → 593.6k NOK (+36.5% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 630.5k NOK to 102.4k NOK (-83.8% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 3.94× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 322.5k NOK → 364.8k NOK (51% → 356% of revenue). Calculated
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COGS moved
COGS / varekostnad 45 NOK → 45.0k NOK (+99900.0% YoY). Calculated