FirmaIQ
Org.nr 917 472 297 2022 → 2023 Year-over-year analysis

ADVOKAT SVEIN DRANGEID AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-04-30; registry 2024-06-01; journal 2024 464745

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT SVEIN DRANGEID AS. Revenue 2.25m NOK → 2.27m NOK (+0.7%). Net result +644.5k NOK → +582.1k NOK. Equity 815.3k NOK → 857.4k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SVEIN DRANGEID AS.

At a glance

Scorecard

Revenue
2.25m NOK 2.27m NOK
+0.7%
Operating result
+816.4k NOK +761.5k NOK
-6.7%
Net result
+644.5k NOK +582.1k NOK
-9.7%
Equity
815.3k NOK 857.4k NOK
+5.2%
Cash
357.1k NOK 63.6k NOK
-82.2%
Total assets
288.8k NOK 1.53m NOK
+428.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.25m NOK to 2.27m NOK (+0.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 815.3k NOK → 857.4k NOK (equity ratio 282.4% → 56.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.59× → 2.51×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +816.4k NOK → +761.5k NOK (op. margin 36.3% → 33.6%). Calculated

  • ↓

    Net result weakened

    Net result +644.5k NOK → +582.1k NOK (net margin 28.7% → 25.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 357.1k NOK → 63.6k NOK (-82.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 840.8k NOK → 860.5k NOK (37% → 38% of revenue). Calculated