FirmaIQ
Org.nr 915 956 114 2022 → 2023 Year-over-year analysis

ADVOKAT KARIANNE GRINDSTAD AS: årsregnskap 2023 vs 2022

Shrank 76% on revenue, stronger earnings

approved 2024-03-12; registry 2024-03-20; journal 2024 332212

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT KARIANNE GRINDSTAD AS. Revenue 902.4k NOK → 216.8k NOK (-76.0%). Net result +11.2k NOK → +37.1k NOK. Equity 158.3k NOK → 195.4k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
902.4k NOK 216.8k NOK
-76.0%
Operating result
+19.1k NOK +51.1k NOK
+167.6%
Net result
+11.2k NOK +37.1k NOK
+232.4%
Equity
158.3k NOK 195.4k NOK
+23.5%
Cash
62.1k NOK 199.5k NOK
+221.3%
Total assets
556.3k NOK 635.0k NOK
+14.1%

What improved

  • ↑

    Operating result improved

    Operating result +19.1k NOK → +51.1k NOK (op. margin 2.1% → 23.6%). Calculated

  • ↑

    Net result improved

    Net result +11.2k NOK → +37.1k NOK (net margin 1.2% → 17.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 158.3k NOK → 195.4k NOK (equity ratio 28.4% → 30.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 62.1k NOK → 199.5k NOK (+221.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 902.4k NOK to 216.8k NOK (-76.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 631.4k NOK → 854.5k NOK (70% → 394% of revenue). Calculated