ADVOKAT MARIT ERIKSSON AS: årsregnskap 2023 vs 2022
Shrank 30% on revenue, returned to profit, cash halved-plus
approved 2024-03-07; registry 2024-05-04; journal 2024 392193
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT MARIT ERIKSSON AS. Revenue 1.02m NOK → 717.2k NOK (-29.8%). Net result -62.8k NOK → +44.5k NOK. Equity 129.4k NOK → 96.9k NOK.
On the constructive side: operating result improved; turned profitable; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVOKAT MARIT ERIKSSON AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -62.2k NOK → +39.9k NOK (op. margin -6.1% → 5.6%). Calculated
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Turned profitable
Net result flipped from a loss of 62.8k NOK to a profit of 44.5k NOK. Calculated
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Payroll decreased
Salary cost 702.2k NOK → 320.4k NOK (69% → 45% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.02m NOK to 717.2k NOK (-29.8% YoY). Calculated
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Equity eroded
Book equity 129.4k NOK → 96.9k NOK (equity ratio 50.9% → 61.5%). Calculated
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Cash fell
Bank deposits 84.2k NOK → 38.2k NOK (-54.7% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 170.0k NOK → 93.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 31.9k NOK → 22.9k NOK (-28.1% YoY). Calculated