Org.nr 989 227 106 2022 → 2023 Year-over-year analysis

ADVOKAT EIVIND KOGSTAD HOLDING AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2024-04-29; registry 2024-05-02; journal 2024 388289

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT EIVIND KOGSTAD HOLDING AS. Revenue 120.0k NOK → 205 NOK (-99.8%). Net result +687.6k NOK → +150.9k NOK. Equity 232.2k NOK → 2.38m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
120.0k NOK 205 NOK
-99.8%
Operating result
-120.2k NOK -70.2k NOK
+41.6%
Net result
+687.6k NOK +150.9k NOK
-78.1%
Equity
232.2k NOK 2.38m NOK
+926.4%
Cash
398.9k NOK 82.7k NOK
-79.3%
Total assets
4.65m NOK 4.14m NOK
-11.0%

What improved

  • ↑

    Operating result improved

    Operating result -120.2k NOK → -70.2k NOK (op. margin -100.1% → -34244.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 232.2k NOK → 2.38m NOK (equity ratio 5.0% → 57.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 120.0k NOK to 205 NOK (-99.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +687.6k NOK → +150.9k NOK (net margin 573.0% → 73619.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 398.9k NOK → 82.7k NOK (-79.3% YoY). Calculated