Org.nr 991 085 955 2022 → 2023 Year-over-year analysis

ADVOKAT ERIK JØNSSON AS: årsregnskap 2023 vs 2022

A steady year on the published lines

approved 2024-04-30; registry 2024-05-04; journal 2024 389462

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT ERIK JØNSSON AS. Revenue 1.97m NOK → 2.02m NOK (+2.5%). Net result +332.4k NOK → +359.7k NOK. Equity 910.0k NOK → 169.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKAT ERIK JØNSSON AS.

Scorecard

Revenue
1.97m NOK 2.02m NOK
+2.5%
Operating result
+432.2k NOK +457.7k NOK
+5.9%
Net result
+332.4k NOK +359.7k NOK
+8.2%
Equity
910.0k NOK 169.7k NOK
-81.4%
Cash
389.4k NOK 846.1k NOK
+117.3%
Total assets
1.60m NOK 1.77m NOK
+11.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.97m NOK to 2.02m NOK (+2.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +432.2k NOK → +457.7k NOK (op. margin 22.0% → 22.7%). Calculated

  • ↑

    Net result improved

    Net result +332.4k NOK → +359.7k NOK (net margin 16.9% → 17.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 389.4k NOK → 846.1k NOK (+117.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.18m NOK → 1.17m NOK (60% → 58% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 910.0k NOK → 169.7k NOK (equity ratio 56.9% → 9.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 50.0k NOK → 150.0k NOK. Reported fact