ADVOKAT TRYGVE ERIKSEN AS: årsregnskap 2023 vs 2022
Shrank 7% on revenue, stronger earnings
approved 2024-04-22; registry 2024-05-04; journal 2024 390583
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT TRYGVE ERIKSEN AS. Revenue 2.14m NOK → 1.98m NOK (-7.5%). Net result +5 753 NOK → +52.3k NOK. Equity 114.7k NOK → 167.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT TRYGVE ERIKSEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +7 351 NOK → +72.4k NOK (op. margin 0.3% → 3.7%). Calculated
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↑
Net result improved
Net result +5 753 NOK → +52.3k NOK (net margin 0.3% → 2.6%). Calculated
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↑
Equity strengthened
Book equity 114.7k NOK → 167.0k NOK (equity ratio 29.4% → 31.3%). Calculated
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Cash rose
Bank deposits 123.8k NOK → 336.3k NOK (+171.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.74m NOK → 1.56m NOK (81% → 79% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.14m NOK to 1.98m NOK (-7.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 55.9k NOK → 33.1k NOK (-40.7% YoY). Calculated