FirmaIQ
Org.nr 999 611 885 2022 → 2023 Year-over-year analysis

ADVOKATENE GRAASVOLD & STENVAAG AS: årsregnskap 2023 vs 2022

Shrank 14% on revenue, weaker earnings

approved 2024-04-15; registry 2024-04-17; journal 2024 360985

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATENE GRAASVOLD & STENVAAG AS. Revenue 3.97m NOK → 3.40m NOK (-14.2%). Net result +531.3k NOK → +222.6k NOK. Equity 362.0k NOK → 184.5k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.97m NOK 3.40m NOK
-14.2%
Operating result
+690.3k NOK +273 NOK
-100.0%
Net result
+531.3k NOK +222.6k NOK
-58.1%
Equity
362.0k NOK 184.5k NOK
-49.0%
Cash
696.8k NOK 418.6k NOK
-39.9%
Total assets
1.76m NOK 1.27m NOK
-28.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.97m NOK to 3.40m NOK (-14.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +690.3k NOK → +273 NOK (op. margin 17.4% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +531.3k NOK → +222.6k NOK (net margin 13.4% → 6.5%). Calculated

  • ↓

    Equity eroded

    Book equity 362.0k NOK → 184.5k NOK (equity ratio 20.5% → 14.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 696.8k NOK → 418.6k NOK (-39.9% YoY). Calculated