FirmaIQ
Org.nr 988 038 687 2022 → 2023 Year-over-year analysis

ADVOKAT DAG RØED AS: årsregnskap 2023 vs 2022

Shrank 38% on revenue

approved 2024-02-05; registry 2024-02-19; journal 2024 308038

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT DAG RØED AS. Revenue 3.21m NOK → 1.98m NOK (-38.3%). Net result +883.6k NOK → +781.0k NOK. Equity 1.30m NOK → 1.38m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
3.21m NOK 1.98m NOK
-38.3%
Operating result
n/m +1.00m NOK
—
Net result
+883.6k NOK +781.0k NOK
-11.6%
Equity
1.30m NOK 1.38m NOK
+6.2%
Cash
230.4k NOK 1.28m NOK
+456.7%
Total assets
2.15m NOK 2.16m NOK
+0.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 1.38m NOK (equity ratio 60.3% → 63.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 230.4k NOK → 1.28m NOK (+456.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.12m NOK → 25.6k NOK (35% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.21m NOK to 1.98m NOK (-38.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +883.6k NOK → +781.0k NOK (net margin 27.6% → 39.5%). Calculated