Org.nr 924 542 403 2022 → 2023 Year-over-year analysis

ADVOKAT JAN SANDTRØ AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-03-02; registry 2024-03-05; journal 2024 319059

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT JAN SANDTRØ AS. Revenue 5.21m NOK → 5.09m NOK (-2.2%). Net result +2.66m NOK → +3.42m NOK. Equity 3.02m NOK → 2.96m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
5.21m NOK 5.09m NOK
-2.2%
Operating result
+3.79m NOK +3.52m NOK
-7.2%
Net result
+2.66m NOK +3.42m NOK
+28.4%
Equity
3.02m NOK 2.96m NOK
-2.0%
Cash
685.3k NOK 879.1k NOK
+28.3%
Total assets
4.32m NOK 4.76m NOK
+10.1%

What improved

  • ↑

    Net result improved

    Net result +2.66m NOK → +3.42m NOK (net margin 51.2% → 67.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 685.3k NOK → 879.1k NOK (+28.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.21m NOK to 5.09m NOK (-2.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.79m NOK → +3.52m NOK (op. margin 72.8% → 69.1%). Calculated

  • ↓

    Equity eroded

    Book equity 3.02m NOK → 2.96m NOK (equity ratio 69.9% → 62.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 190 NOK → 1.29m NOK (0% → 25% of revenue). Calculated