FirmaIQ
Org.nr 914 622 042 2022 → 2023 Year-over-year analysis

ADVOKATENE ENOKSEN & STEIRO AS: årsregnskap 2023 vs 2022

Shrank 16% on revenue, stronger earnings

approved 2024-03-12; registry 2024-03-18; journal 2024 329811

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATENE ENOKSEN & STEIRO AS. Revenue 9.65m NOK → 8.12m NOK (-15.8%). Net result +1.61m NOK → +5.98m NOK. Equity 4.08m NOK → 4.08m NOK.

On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATENE ENOKSEN & STEIRO AS.

At a glance

Scorecard

Revenue
9.65m NOK 8.12m NOK
-15.8%
Operating result
+2.06m NOK +1.15m NOK
-44.3%
Net result
+1.61m NOK +5.98m NOK
+271.0%
Equity
4.08m NOK 4.08m NOK
0.0%
Cash
2.26m NOK 1.46m NOK
-35.5%
Total assets
7.66m NOK 6.84m NOK
-10.7%

What improved

  • ↑

    Net result improved

    Net result +1.61m NOK → +5.98m NOK (net margin 16.7% → 73.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.17m NOK → 5.51m NOK (64% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.65m NOK to 8.12m NOK (-15.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.06m NOK → +1.15m NOK (op. margin 21.4% → 14.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.26m NOK → 1.46m NOK (-35.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 000 NOK → 7 000 NOK. Reported fact