FirmaIQ
Org.nr 998 450 349 2022 → 2023 Year-over-year analysis

ADVOKAT DØVIK AS: årsregnskap 2023 vs 2022

Shrank 8% on revenue

approved 2024-04-25; registry 2024-05-02; journal 2024 388869

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT DØVIK AS. Revenue 2.11m NOK → 1.94m NOK (-8.1%). Net result +320.4k NOK → +277.9k NOK. Equity 159.9k NOK → 137.8k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.11m NOK 1.94m NOK
-8.1%
Operating result
+391.5k NOK +342.2k NOK
-12.6%
Net result
+320.4k NOK +277.9k NOK
-13.2%
Equity
159.9k NOK 137.8k NOK
-13.8%
Cash
589.8k NOK 389.3k NOK
-34.0%
Total assets
1.07m NOK 1.03m NOK
-3.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.20m NOK → 1.11m NOK (57% → 57% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.11m NOK to 1.94m NOK (-8.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +391.5k NOK → +342.2k NOK (op. margin 18.5% → 17.6%). Calculated

  • ↓

    Net result weakened

    Net result +320.4k NOK → +277.9k NOK (net margin 15.2% → 14.3%). Calculated

  • ↓

    Equity eroded

    Book equity 159.9k NOK → 137.8k NOK (equity ratio 15.0% → 13.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 589.8k NOK → 389.3k NOK (-34.0% YoY). Calculated