FirmaIQ
Org.nr 991 556 664 2022 → 2023 Year-over-year analysis

ADVOKATENE HOVDE MNA AS: årsregnskap 2023 vs 2022

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2024-04-29; registry 2024-05-04; journal 2024 390571

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATENE HOVDE MNA AS. Revenue 3.63m NOK → 3.36m NOK (-7.6%). Net result +5.49m NOK → +101.7k NOK. Equity 1.21m NOK → 1.11m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.63m NOK 3.36m NOK
-7.6%
Operating result
+623.5k NOK +93.7k NOK
-85.0%
Net result
+5.49m NOK +101.7k NOK
-98.1%
Equity
1.21m NOK 1.11m NOK
-8.1%
Cash
983.0k NOK 247.8k NOK
-74.8%
Total assets
2.64m NOK 2.16m NOK
-18.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.63m NOK to 3.36m NOK (-7.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +623.5k NOK → +93.7k NOK (op. margin 17.2% → 2.8%). Calculated

  • ↓

    Net result weakened

    Net result +5.49m NOK → +101.7k NOK (net margin 151.1% → 3.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.21m NOK → 1.11m NOK (equity ratio 45.8% → 51.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 983.0k NOK → 247.8k NOK (-74.8% YoY). Calculated