FirmaIQ
Org.nr 915 496 121 2022 → 2023 Year-over-year analysis

ADVOKAT KJELL SIGVE HAUGLAND AS: årsregnskap 2023 vs 2022

Shrank 18% on revenue, weaker earnings

approved 2024-04-22; registry 2024-04-29; journal 2024 381244

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT KJELL SIGVE HAUGLAND AS. Revenue 902.7k NOK → 738.3k NOK (-18.2%). Net result +4.14m NOK → +17.2k NOK. Equity 519.1k NOK → 536.3k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
902.7k NOK 738.3k NOK
-18.2%
Operating result
+178.7k NOK +24.1k NOK
-86.5%
Net result
+4.14m NOK +17.2k NOK
-99.6%
Equity
519.1k NOK 536.3k NOK
+3.3%
Cash
149.4k NOK 165.6k NOK
+10.8%
Total assets
842.9k NOK 695.9k NOK
-17.4%

What improved

  • ↑

    Equity strengthened

    Book equity 519.1k NOK → 536.3k NOK (equity ratio 61.6% → 77.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 149.4k NOK → 165.6k NOK (+10.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 466.7k NOK → 326.9k NOK (52% → 44% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 902.7k NOK to 738.3k NOK (-18.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +178.7k NOK → +24.1k NOK (op. margin 19.8% → 3.3%). Calculated

  • ↓

    Net result weakened

    Net result +4.14m NOK → +17.2k NOK (net margin 458.8% → 2.3%). Calculated