Org.nr 924 283 211 2022 → 2023 Year-over-year analysis

ADVOKAT AXEL LANGE AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-04-30; registry 2024-05-04; journal 2024 392486

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT AXEL LANGE AS. Revenue 3.08m NOK → 2.96m NOK (-3.9%). Net result +5.27m NOK → -48.0k NOK. Equity 414.9k NOK → 366.9k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
3.08m NOK 2.96m NOK
-3.9%
Operating result
+382.2k NOK -5 283 NOK
-101.4%
Net result
+5.27m NOK -48.0k NOK
-100.9%
Equity
414.9k NOK 366.9k NOK
-11.6%
Cash
680.0k NOK 650.6k NOK
-4.3%
Total assets
1.78m NOK 1.61m NOK
-9.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 1.71×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.08m NOK to 2.96m NOK (-3.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +382.2k NOK → -5 283 NOK (op. margin 12.4% → -0.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5.27m NOK profit to a loss of 48.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 414.9k NOK → 366.9k NOK (equity ratio 23.4% → 22.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 680.0k NOK → 650.6k NOK (-4.3% YoY). Calculated