FirmaIQ
Org.nr 925 836 583 2022 → 2023 Year-over-year analysis

ADVOKAT METTE LOE AS: årsregnskap 2023 vs 2022

Shrank 13% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 389849

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT METTE LOE AS. Revenue 2.31m NOK → 2.00m NOK (-13.3%). Net result +320.2k NOK → +37.7k NOK. Equity 296.6k NOK → 334.3k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.31m NOK 2.00m NOK
-13.3%
Operating result
+399.1k NOK +52.7k NOK
-86.8%
Net result
+320.2k NOK +37.7k NOK
-88.2%
Equity
296.6k NOK 334.3k NOK
+12.7%
Cash
291.3k NOK 401.0k NOK
+37.6%
Total assets
827.2k NOK 829.1k NOK
+0.2%

What improved

  • ↑

    Equity strengthened

    Book equity 296.6k NOK → 334.3k NOK (equity ratio 35.9% → 40.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 291.3k NOK → 401.0k NOK (+37.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.31m NOK to 2.00m NOK (-13.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +399.1k NOK → +52.7k NOK (op. margin 17.3% → 2.6%). Calculated

  • ↓

    Net result weakened

    Net result +320.2k NOK → +37.7k NOK (net margin 13.9% → 1.9%). Calculated