Org.nr 989 580 477 2022 → 2023 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2023 vs 2022

Shrank 5% on revenue

approved 2024-04-24; registry 2024-04-27; journal 2024 379258

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT KJETIL H. NILSEN AS. Revenue 2.00m NOK → 1.90m NOK (-5.2%). Net result +31.8k NOK → +23.7k NOK. Equity 695.0k NOK → 719.2k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
2.00m NOK 1.90m NOK
-5.2%
Operating result
+40.1k NOK +22.9k NOK
-43.0%
Net result
+31.8k NOK +23.7k NOK
-25.3%
Equity
695.0k NOK 719.2k NOK
+3.5%
Cash
807.2k NOK 793.5k NOK
-1.7%
Total assets
60.7k NOK 1.03m NOK
+1590.8%

What improved

  • ↑

    Equity strengthened

    Book equity 695.0k NOK → 719.2k NOK (equity ratio 1145.2% → 70.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.55m NOK → 1.47m NOK (77% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.00m NOK to 1.90m NOK (-5.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +40.1k NOK → +22.9k NOK (op. margin 2.0% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +31.8k NOK → +23.7k NOK (net margin 1.6% → 1.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 807.2k NOK → 793.5k NOK (-1.7% YoY). Calculated