FirmaIQ
Org.nr 997 178 009 2022 → 2023 Year-over-year analysis

ADVOKAT VIDAR SINDING AS: årsregnskap 2023 vs 2022

Grew 39% on revenue, returned to profit

approved 2024-07-19; registry 2024-07-27; journal 2024 675761

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT VIDAR SINDING AS. Revenue 1.79m NOK → 2.49m NOK (+38.7%). Net result -62.0k NOK → +82.6k NOK. Equity -141.0k NOK → -58.4k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.79m NOK 2.49m NOK
+38.7%
Operating result
-62.1k NOK +95.1k NOK
+253.1%
Net result
-62.0k NOK +82.6k NOK
+233.2%
Equity
-141.0k NOK -58.4k NOK
+58.6%
Cash
172.4k NOK 97.1k NOK
-43.7%
Total assets
417.7k NOK 571.0k NOK
+36.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.79m NOK to 2.49m NOK (+38.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -62.1k NOK → +95.1k NOK (op. margin -3.5% → 3.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 62.0k NOK to a profit of 82.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -141.0k NOK → -58.4k NOK (equity ratio -33.8% → -10.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 172.4k NOK → 97.1k NOK (-43.7% YoY). Calculated