Org.nr 926 681 168 2022 → 2023 Year-over-year analysis

ADVOKAT KLO AS: årsregnskap 2023 vs 2022

Shrank 23% on revenue, stronger earnings

approved 2024-04-05; registry 2024-04-17; journal 2024 360637

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT KLO AS. Revenue 669.5k NOK → 512.2k NOK (-23.5%). Net result +17.9k NOK → +36.9k NOK. Equity 121.8k NOK → 158.7k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
669.5k NOK 512.2k NOK
-23.5%
Operating result
+21.2k NOK +47.2k NOK
+122.9%
Net result
+17.9k NOK +36.9k NOK
+106.2%
Equity
121.8k NOK 158.7k NOK
+30.3%
Cash
105.1k NOK 62.9k NOK
-40.2%
Total assets
259.2k NOK 224.1k NOK
-13.5%

What improved

  • ↑

    Operating result improved

    Operating result +21.2k NOK → +47.2k NOK (op. margin 3.2% → 9.2%). Calculated

  • ↑

    Net result improved

    Net result +17.9k NOK → +36.9k NOK (net margin 2.7% → 7.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 121.8k NOK → 158.7k NOK (equity ratio 47.0% → 70.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 310.2k NOK → 178.9k NOK (46% → 35% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 669.5k NOK to 512.2k NOK (-23.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 105.1k NOK → 62.9k NOK (-40.2% YoY). Calculated