Org.nr 999 611 796 2022 → 2023 Year-over-year analysis

ADVOKAT SIGRID BROCH AS: årsregnskap 2023 vs 2022

Shrank 9% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 389521

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT SIGRID BROCH AS. Revenue 511.6k NOK → 465.7k NOK (-9.0%). Net result +133.5k NOK → +32.2k NOK. Equity 412.0k NOK → 444.2k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
511.6k NOK 465.7k NOK
-9.0%
Operating result
+133.5k NOK +32.3k NOK
-75.8%
Net result
+133.5k NOK +32.2k NOK
-75.9%
Equity
412.0k NOK 444.2k NOK
+7.8%
Cash
196.4k NOK 202.4k NOK
+3.1%
Total assets
476.8k NOK 567.6k NOK
+19.1%

What improved

  • ↑

    Equity strengthened

    Book equity 412.0k NOK → 444.2k NOK (equity ratio 86.4% → 78.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 196.4k NOK → 202.4k NOK (+3.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 511.6k NOK to 465.7k NOK (-9.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +133.5k NOK → +32.3k NOK (op. margin 26.1% → 6.9%). Calculated

  • ↓

    Net result weakened

    Net result +133.5k NOK → +32.2k NOK (net margin 26.1% → 6.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 22.1k NOK → 2.13m NOK (4% → 458% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2 400 NOK → 11.2k NOK (+364.6% YoY). Calculated