ADVOKAT STIG E. MORTENSEN AS: årsregnskap 2023 vs 2022
Shrank 8% on revenue, weaker earnings, cash halved-plus
approved 2024-04-17; registry 2024-04-22; journal 2024 368840
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT STIG E. MORTENSEN AS. Revenue 2.70m NOK → 2.49m NOK (-7.8%). Net result -108.7k NOK → -225.9k NOK. Equity 1.60m NOK → 1.38m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT STIG E. MORTENSEN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.70m NOK to 2.49m NOK (-7.8% YoY). Calculated
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Operating result weakened
Operating result -147.0k NOK → -297.1k NOK (op. margin -5.4% → -11.9%). Calculated
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Net result weakened
Net result -108.7k NOK → -225.9k NOK (net margin -4.0% → -9.1%). Calculated
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Equity eroded
Book equity 1.60m NOK → 1.38m NOK (equity ratio 74.3% → 65.8%). Calculated
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Cash fell
Bank deposits 354.6k NOK → 100.8k NOK (-71.6% YoY). Calculated
Things to notice
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Headcount (årsverk) changed
Reported FTEs 2.3 → 2.5. Reported fact