Org.nr 911 554 623 2022 → 2023 Year-over-year analysis

ADVOKAT SCHEI AS: årsregnskap 2023 vs 2022

Shrank 25% on revenue, slipped into loss

approved 2024-04-08; registry 2024-04-10; journal 2024 351646

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT SCHEI AS. Revenue 867.1k NOK → 648.8k NOK (-25.2%). Net result +98.7k NOK → -121.9k NOK. Equity 237.3k NOK → 115.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
867.1k NOK 648.8k NOK
-25.2%
Operating result
+98.7k NOK -121.9k NOK
-223.5%
Net result
+98.7k NOK -121.9k NOK
-223.5%
Equity
237.3k NOK 115.3k NOK
-51.4%
Cash
179.5k NOK 109.2k NOK
-39.2%
Total assets
327.0k NOK 205.6k NOK
-37.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 512.3k NOK → 491.6k NOK (59% → 76% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 867.1k NOK to 648.8k NOK (-25.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +98.7k NOK → -121.9k NOK (op. margin 11.4% → -18.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 98.7k NOK profit to a loss of 121.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 237.3k NOK → 115.3k NOK (equity ratio 72.5% → 56.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 179.5k NOK → 109.2k NOK (-39.2% YoY). Calculated