FirmaIQ
Org.nr 920 640 745 2022 → 2023 Year-over-year analysis

ADVOKAT T. MADSLANGRUD AS: årsregnskap 2023 vs 2022

Shrank 10% on revenue, returned to profit

approved 2024-04-22; registry 2024-04-25; journal 2024 374917

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT T. MADSLANGRUD AS. Revenue 155.5k NOK → 140.3k NOK (-9.8%). Net result -115.2k NOK → +1 797 NOK. Equity 4 352 NOK → 6 149 NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
155.5k NOK 140.3k NOK
-9.8%
Operating result
-93.1k NOK +1 792 NOK
+101.9%
Net result
-115.2k NOK +1 797 NOK
+101.6%
Equity
4 352 NOK 6 149 NOK
+41.3%
Cash
30.6k NOK 60.9k NOK
+98.8%
Total assets
106.9k NOK 134.9k NOK
+26.3%

What improved

  • ↑

    Operating result improved

    Operating result -93.1k NOK → +1 792 NOK (op. margin -59.9% → 1.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 115.2k NOK to a profit of 1 797 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4 352 NOK → 6 149 NOK (equity ratio 4.1% → 4.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.6k NOK → 60.9k NOK (+98.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 140.4k NOK → 25.1k NOK (90% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 155.5k NOK to 140.3k NOK (-9.8% YoY). Calculated