ADVOKAT SANDVOLD AS: årsregnskap 2023 vs 2022
Grew 1632% on revenue, weaker earnings
approved 2024-07-31; registry 2024-09-04; journal 2024 743187
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT SANDVOLD AS. Revenue 6 168 NOK → 106.8k NOK (+1631.7%). Net result -2 695 NOK → -439.2k NOK. Equity 217.9k NOK → -221.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT SANDVOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 168 NOK to 106.8k NOK (+1631.7% YoY). Calculated
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↑
Cash rose
Bank deposits 43.5k NOK → 83.4k NOK (+91.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -53.4k NOK → -94.7k NOK (op. margin -865.8% → -88.6%). Calculated
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↓
Net result weakened
Net result -2 695 NOK → -439.2k NOK (net margin -43.7% → -411.2%). Calculated
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↓
Equity eroded
Book equity 217.9k NOK → -221.4k NOK (equity ratio 40.9% → -106.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -106.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact