ADVOKAT PETTER MELLO AS: årsregnskap 2023 vs 2022
Shrank 39% on revenue, slipped into loss
approved 2024-04-26; registry 2024-04-29; journal 2024 382912
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT PETTER MELLO AS. Revenue 1.88m NOK → 1.14m NOK (-39.4%). Net result +397.1k NOK → -508.0k NOK. Equity 782.7k NOK → 274.8k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.26× → 1.56×. Calculated
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↑
Payroll decreased
Salary cost 3.65m NOK → 3.54m NOK (194% → 310% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.88m NOK to 1.14m NOK (-39.4% YoY). Calculated
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↓
Operating result weakened
Operating result +418.2k NOK → -513.0k NOK (op. margin 22.2% → -45.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 397.1k NOK profit to a loss of 508.0k NOK. Calculated
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↓
Equity eroded
Book equity 782.7k NOK → 274.8k NOK (equity ratio 457.6% → 41.5%). Calculated
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↓
Cash fell
Bank deposits 334.8k NOK → 220.2k NOK (-34.2% YoY). Calculated