Org.nr 957 785 409 2022 → 2023 Year-over-year analysis

ADVOKAT NADHEIM AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-06-28; registry 2024-07-02; journal 2024 585984

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT NADHEIM AS. Revenue 2.06m NOK → 2.06m NOK (+0.0%). Net result -44.0k NOK → -10.6k NOK. Equity 50.1k NOK → 39.5k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT NADHEIM AS.

Scorecard

Revenue
2.06m NOK 2.06m NOK
+0.0%
Operating result
-37.8k NOK +45.6k NOK
+220.5%
Net result
-44.0k NOK -10.6k NOK
+75.8%
Equity
50.1k NOK 39.5k NOK
-21.2%
Cash
114.2k NOK 152.8k NOK
+33.8%
Total assets
641.2k NOK 628.5k NOK
-2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.06m NOK to 2.06m NOK (+0.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -37.8k NOK → +45.6k NOK (op. margin -1.8% → 2.2%). Calculated

  • ↑

    Net result improved

    Net result -44.0k NOK → -10.6k NOK (net margin -2.1% → -0.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 114.2k NOK → 152.8k NOK (+33.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 1.03×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 50.1k NOK → 39.5k NOK (equity ratio 7.8% → 6.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 NOK → 1.09m NOK (0% → 53% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 21.1k NOK → 8 652 NOK (-59.0% YoY). Calculated