FirmaIQ
Org.nr 992 700 785 2022 → 2023 Year-over-year analysis

ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-04-18; registry 2024-04-25; journal 2024 375039

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 78.5k NOK → 78.5k NOK (0.0%). Net result -107.8k NOK → -25.4k NOK. Equity -183.6k NOK → -209.0k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT STEIN ÅGE MARTINSEN AS.

At a glance

Scorecard

Revenue
78.5k NOK 78.5k NOK
0.0%
Operating result
-38.0k NOK -25.8k NOK
+32.3%
Net result
-107.8k NOK -25.4k NOK
+76.4%
Equity
-183.6k NOK -209.0k NOK
-13.8%
Cash
132.2k NOK 107.3k NOK
-18.9%
Total assets
297.2k NOK 271.8k NOK
-8.5%

What improved

  • ↑

    Operating result improved

    Operating result -38.0k NOK → -25.8k NOK (op. margin -48.5% → -32.8%). Calculated

  • ↑

    Net result improved

    Net result -107.8k NOK → -25.4k NOK (net margin -137.3% → -32.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -183.6k NOK → -209.0k NOK (equity ratio -61.8% → -76.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 132.2k NOK → 107.3k NOK (-18.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -76.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation