FirmaIQ
Org.nr 998 468 272 2022 → 2023 Year-over-year analysis

ADVOKAT TARJEI AASEN AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-04-22; registry 2024-05-04; journal 2024 392515

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT TARJEI AASEN AS. Revenue 3.45m NOK → 3.28m NOK (-4.9%). Net result +256.3k NOK → -472.2k NOK. Equity 579.1k NOK → 106.9k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT TARJEI AASEN AS.

At a glance

Scorecard

Revenue
3.45m NOK 3.28m NOK
-4.9%
Operating result
+371.8k NOK -469.5k NOK
-226.3%
Net result
+256.3k NOK -472.2k NOK
-284.2%
Equity
579.1k NOK 106.9k NOK
-81.5%
Cash
600.7k NOK 422.5k NOK
-29.7%
Total assets
1.77m NOK 1.28m NOK
-27.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.45m NOK to 3.28m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +371.8k NOK → -469.5k NOK (op. margin 10.8% → -14.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 256.3k NOK profit to a loss of 472.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 579.1k NOK → 106.9k NOK (equity ratio 32.7% → 8.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 600.7k NOK → 422.5k NOK (-29.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation