FirmaIQ
Org.nr 923 150 420 2022 → 2023 Year-over-year analysis

ADVOKAT SVARVA AS: årsregnskap 2023 vs 2022

Grew 1171% on revenue, weaker earnings

approved 2024-02-20; registry 2024-03-02; journal 2024 316504

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT SVARVA AS. Revenue 129.1k NOK → 1.64m NOK (+1170.9%). Net result +642.9k NOK → +46.4k NOK. Equity 796.5k NOK → 242.8k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
129.1k NOK 1.64m NOK
+1170.9%
Operating result
+825.5k NOK +341.5k NOK
-58.6%
Net result
+642.9k NOK +46.4k NOK
-92.8%
Equity
796.5k NOK 242.8k NOK
-69.5%
Cash
261.0k NOK 290.5k NOK
+11.3%
Total assets
1.24m NOK 1.89m NOK
+52.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 129.1k NOK to 1.64m NOK (+1170.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 261.0k NOK → 290.5k NOK (+11.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +825.5k NOK → +341.5k NOK (op. margin 639.2% → 20.8%). Calculated

  • ↓

    Net result weakened

    Net result +642.9k NOK → +46.4k NOK (net margin 497.8% → 2.8%). Calculated

  • ↓

    Equity eroded

    Book equity 796.5k NOK → 242.8k NOK (equity ratio 64.2% → 12.9%). Calculated