ADVOKAT SVEINUNG ELIASSEN AS: årsregnskap 2023 vs 2022
Shrank 13% on revenue, stronger earnings
approved 2024-02-01; registry 2024-02-26; journal 2024 311855
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT SVEINUNG ELIASSEN AS. Revenue 3.42m NOK → 2.98m NOK (-12.8%). Net result +292.8k NOK → +844.0k NOK. Equity 384.1k NOK → 428.1k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT SVEINUNG ELIASSEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +292.8k NOK → +844.0k NOK (net margin 8.6% → 28.3%). Calculated
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↑
Equity strengthened
Book equity 384.1k NOK → 428.1k NOK (equity ratio 15.5% → 23.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.42m NOK to 2.98m NOK (-12.8% YoY). Calculated
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↓
Operating result weakened
Operating result +1.66m NOK → +1.08m NOK (op. margin 48.5% → 36.3%). Calculated
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↓
Cash fell
Bank deposits 749.3k NOK → 690.5k NOK (-7.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.24m NOK → 1.28m NOK (36% → 43% of revenue). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact