ADVOKATENE CLEMETSEN & MOHAMMAD AS: årsregnskap 2023 vs 2022
Grew 71% on revenue, stronger earnings, cash halved-plus
registry 2024-05-04; journal 2024 392490
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATENE CLEMETSEN & MOHAMMAD AS. Revenue 2.39m NOK → 4.09m NOK (+70.9%). Net result +131.4k NOK → +897.5k NOK. Equity -1.85m NOK → 50.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATENE CLEMETSEN & MOHAMMAD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.39m NOK to 4.09m NOK (+70.9% YoY). Calculated
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Operating result improved
Operating result +138.5k NOK → +692.9k NOK (op. margin 5.8% → 17.0%). Calculated
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Net result improved
Net result +131.4k NOK → +897.5k NOK (net margin 5.5% → 22.0%). Calculated
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Equity strengthened
Book equity -1.85m NOK → 50.1k NOK (equity ratio -180.2% → 2.4%). Calculated
What deteriorated
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Cash fell
Bank deposits 800.7k NOK → 245.5k NOK (-69.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.07× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 32.8k NOK → 26.7k NOK (-18.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 1 500 NOK → 0 NOK. Reported fact