ADVOKAT TOVE J. RØDDESNES AS: årsregnskap 2023 vs 2022
Grew 17% on revenue, weaker earnings
approved 2024-02-10; registry 2024-02-14; journal 2024 306258
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT TOVE J. RØDDESNES AS. Revenue 1.94m NOK → 2.27m NOK (+16.8%). Net result +246.7k NOK → +179.2k NOK. Equity 680.2k NOK → 859.4k 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: cogs fell. All figures are taken from the published annual accounts for ADVOKAT TOVE J. RØDDESNES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.94m NOK to 2.27m NOK (+16.8% YoY). Calculated
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↑
Equity strengthened
Book equity 680.2k NOK → 859.4k NOK (equity ratio 50.1% → 61.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.36× → 2.39×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +317.5k NOK → +228.8k NOK (op. margin 16.3% → 10.1%). Calculated
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↓
Net result weakened
Net result +246.7k NOK → +179.2k NOK (net margin 12.7% → 7.9%). Calculated
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↓
Cash fell
Bank deposits 501.9k NOK → 286.5k NOK (-42.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 36.2k NOK → 25.4k NOK (-30.0% YoY). Calculated