Org.nr 921 173 938 2022 → 2023 Year-over-year analysis

ADVOKAT CAMILLA SOLBAKKEN AS: årsregnskap 2023 vs 2022

Shrank 55% on revenue, weaker earnings, cash halved-plus

approved 2024-04-30; registry 2024-05-04; journal 2024 391410

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT CAMILLA SOLBAKKEN AS. Revenue 1.08m NOK → 489.3k NOK (-54.9%). Net result -132.1k NOK → -187.0k NOK. Equity 359.8k NOK → 172.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.08m NOK 489.3k NOK
-54.9%
Operating result
-132.2k NOK -187.4k NOK
-41.7%
Net result
-132.1k NOK -187.0k NOK
-41.5%
Equity
359.8k NOK 172.9k NOK
-52.0%
Cash
489.3k NOK 96.6k NOK
-80.2%
Total assets
643.8k NOK 337.6k NOK
-47.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.86m NOK → 397.4k NOK (263% → 81% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.08m NOK to 489.3k NOK (-54.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -132.2k NOK → -187.4k NOK (op. margin -12.2% → -38.3%). Calculated

  • ↓

    Net result weakened

    Net result -132.1k NOK → -187.0k NOK (net margin -12.2% → -38.2%). Calculated

  • ↓

    Equity eroded

    Book equity 359.8k NOK → 172.9k NOK (equity ratio 55.9% → 51.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 489.3k NOK → 96.6k NOK (-80.2% YoY). Calculated