Org.nr 951 336 637 2022 → 2023 Year-over-year analysis

ADVOKAT EVEN RØNVIK AS: årsregnskap 2023 vs 2022

Shrank 24% on revenue, returned to profit

approved 2024-04-29; registry 2024-05-02; journal 2024 387862

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT EVEN RØNVIK AS. Revenue 3.50m NOK → 2.65m NOK (-24.2%). Net result -1.57m NOK → +1.59m NOK. Equity 17.25m NOK → 18.85m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.50m NOK 2.65m NOK
-24.2%
Operating result
-16.1k NOK -701.7k NOK
-4269.8%
Net result
-1.57m NOK +1.59m NOK
+201.8%
Equity
17.25m NOK 18.85m NOK
+9.2%
Cash
2.02m NOK 16.87m NOK
+736.2%
Total assets
17.97m NOK 19.44m NOK
+8.2%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.57m NOK to a profit of 1.59m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.25m NOK → 18.85m NOK (equity ratio 96.0% → 97.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.02m NOK → 16.87m NOK (+736.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.50m NOK to 2.65m NOK (-24.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -16.1k NOK → -701.7k NOK (op. margin -0.5% → -26.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.00m NOK → 2.07m NOK (57% → 78% of revenue). Calculated