ADVOKAT SIVERTSVIK AS: årsregnskap 2023 vs 2022
Grew 7% on revenue
approved 2024-04-29; registry 2024-05-06; journal 2024 396519
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT SIVERTSVIK AS. Revenue 900.6k NOK → 965.2k NOK (+7.2%). Net result +34.7k NOK → +30.0k NOK. Equity 4.12m NOK → 147.3k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT SIVERTSVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 900.6k NOK to 965.2k NOK (+7.2% YoY). Calculated
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↑
Cash rose
Bank deposits 119.9k NOK → 226.9k NOK (+89.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.07×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +45.4k NOK → +34.3k NOK (op. margin 5.0% → 3.6%). Calculated
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↓
Net result weakened
Net result +34.7k NOK → +30.0k NOK (net margin 3.9% → 3.1%). Calculated
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↓
Equity eroded
Book equity 4.12m NOK → 147.3k NOK (equity ratio 929.7% → 31.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 170.6k NOK → 288.5k NOK (19% → 30% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 312.6k NOK → 176.0k NOK (-43.7% YoY). Calculated