FirmaIQ
Org.nr 997 282 612 2022 → 2023 Year-over-year analysis

ADVOKAT MARTIN KR. FEET AS: årsregnskap 2023 vs 2022

Grew 52% on revenue, weaker earnings, cash halved-plus

approved 2024-01-15; registry 2024-04-24; journal 2024 372280

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT MARTIN KR. FEET AS. Revenue 3.33m NOK → 5.05m NOK (+51.7%). Net result +8.37m NOK → +282.2k NOK. Equity 9.62m NOK → 598.0k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.33m NOK 5.05m NOK
+51.7%
Operating result
+472.0k NOK +362.1k NOK
-23.3%
Net result
+8.37m NOK +282.2k NOK
-96.6%
Equity
9.62m NOK 598.0k NOK
-93.8%
Cash
869.4k NOK 108.3k NOK
-87.5%
Total assets
1.94m NOK 2.22m NOK
+14.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.33m NOK to 5.05m NOK (+51.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +472.0k NOK → +362.1k NOK (op. margin 14.2% → 7.2%). Calculated

  • ↓

    Net result weakened

    Net result +8.37m NOK → +282.2k NOK (net margin 251.3% → 5.6%). Calculated

  • ↓

    Equity eroded

    Book equity 9.62m NOK → 598.0k NOK (equity ratio 494.6% → 27.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 869.4k NOK → 108.3k NOK (-87.5% YoY). Calculated