ADVOKAT MAGNHILD MERINGEN AS: årsregnskap 2023 vs 2022
Slipped into loss
approved 2024-04-15; registry 2024-04-17; journal 2024 361900
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT MAGNHILD MERINGEN AS. Revenue 2.29m NOK → 2.21m NOK (-3.6%). Net result +114.0k NOK → -232.5k NOK. Equity 1.66m NOK → 1.43m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT MAGNHILD MERINGEN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.18× → 1.31×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.29m NOK to 2.21m NOK (-3.6% YoY). Calculated
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↓
Operating result weakened
Operating result +4 126 NOK → -360.7k NOK (op. margin 0.2% → -16.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 114.0k NOK profit to a loss of 232.5k NOK. Calculated
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↓
Equity eroded
Book equity 1.66m NOK → 1.43m NOK (equity ratio 70.4% → 66.1%). Calculated
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↓
Cash fell
Bank deposits 460.9k NOK → 400.3k NOK (-13.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.24m NOK → 1.20m NOK. Reported fact