Org.nr 959 458 944 2022 → 2023 Year-over-year analysis

ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2023 vs 2022

Shrank 19% on revenue

approved 2024-01-26; registry 2024-04-13; journal 2024 354087

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 1.08m NOK → 874.8k NOK (-19.1%). Net result +4 061 NOK → +9 758 NOK. Equity 545.9k NOK → 555.7k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
1.08m NOK 874.8k NOK
-19.1%
Operating result
-480 NOK +7 054 NOK
+1569.6%
Net result
+4 061 NOK +9 758 NOK
+140.3%
Equity
545.9k NOK 555.7k NOK
+1.8%
Cash
514.2k NOK 302.7k NOK
-41.1%
Total assets
807.5k NOK 693.9k NOK
-14.1%

What improved

  • ↑

    Operating result improved

    Operating result -480 NOK → +7 054 NOK (op. margin -0.0% → 0.8%). Calculated

  • ↑

    Net result improved

    Net result +4 061 NOK → +9 758 NOK (net margin 0.4% → 1.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 545.9k NOK → 555.7k NOK (equity ratio 67.6% → 80.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 750.7k NOK → 600.7k NOK (69% → 69% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.08m NOK to 874.8k NOK (-19.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 514.2k NOK → 302.7k NOK (-41.1% YoY). Calculated