FirmaIQ
Org.nr 989 228 226 2022 → 2023 Year-over-year analysis

ADVOKAT TORE SVEEN AS: årsregnskap 2023 vs 2022

Grew 89586% on revenue, weaker earnings

approved 2024-05-29; registry 2024-06-01; journal 2024 465754

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT TORE SVEEN AS. Revenue 1 115 NOK → 1.00m NOK (+89586.1%). Net result +5.68m NOK → +642.6k NOK. Equity 2.78m NOK → 2.87m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT TORE SVEEN AS.

At a glance

Scorecard

Revenue
1 115 NOK 1.00m NOK
+89586.1%
Operating result
+956.5k NOK +954.8k NOK
-0.2%
Net result
+5.68m NOK +642.6k NOK
-88.7%
Equity
2.78m NOK 2.87m NOK
+3.1%
Cash
340.9k NOK 372.7k NOK
+9.3%
Total assets
5.59m NOK 5.55m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 115 NOK to 1.00m NOK (+89586.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.78m NOK → 2.87m NOK (equity ratio 49.8% → 51.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 340.9k NOK → 372.7k NOK (+9.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +956.5k NOK → +954.8k NOK (op. margin 85781.6% → 95.5%). Calculated

  • ↓

    Net result weakened

    Net result +5.68m NOK → +642.6k NOK (net margin 509377.8% → 64.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 12.0k NOK (None YoY). Calculated