Org.nr 989 930 958 2022 → 2023 Year-over-year analysis

ADVOKAT STENSLAND & CO AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-04-12; registry 2024-04-16; journal 2024 359800

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT STENSLAND & CO AS. Revenue 3.18m NOK → 3.07m NOK (-3.3%). Net result +52.5k NOK → +4.97m NOK. Equity 222.8k NOK → 1.20m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT STENSLAND & CO AS.

Scorecard

Revenue
3.18m NOK 3.07m NOK
-3.3%
Operating result
+74.4k NOK +1.25m NOK
+1584.0%
Net result
+52.5k NOK +4.97m NOK
+9367.6%
Equity
222.8k NOK 1.20m NOK
+436.9%
Cash
3 317 NOK 1.00m NOK
+30152.5%
Total assets
1.89m NOK 1.88m NOK
-0.1%

What improved

  • ↑

    Operating result improved

    Operating result +74.4k NOK → +1.25m NOK (op. margin 2.3% → 40.8%). Calculated

  • ↑

    Net result improved

    Net result +52.5k NOK → +4.97m NOK (net margin 1.7% → 161.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 222.8k NOK → 1.20m NOK (equity ratio 11.8% → 63.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 317 NOK → 1.00m NOK (+30152.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.09m NOK → 1.82m NOK (66% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.18m NOK to 3.07m NOK (-3.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 200.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation