Org.nr 926 275 712 2022 → 2023 Year-over-year analysis

ADVOKATENE I LARVIK AS: årsregnskap 2023 vs 2022

Another loss-making year

approved 2024-04-17; registry 2024-05-04; journal 2024 389349

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATENE I LARVIK AS. Revenue 1.98m NOK → 2.02m NOK (+1.8%). Net result -4 487 NOK → -4 306 NOK. Equity 52.0k NOK → 47.7k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATENE I LARVIK AS.

Scorecard

Revenue
1.98m NOK 2.02m NOK
+1.8%
Operating result
+1 874 NOK +1 042 NOK
-44.4%
Net result
-4 487 NOK -4 306 NOK
+4.0%
Equity
52.0k NOK 47.7k NOK
-8.3%
Cash
426.2k NOK 361.0k NOK
-15.3%
Total assets
478.2k NOK 487.6k NOK
+2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.98m NOK to 2.02m NOK (+1.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.74m NOK → 2.65m NOK (138% → 131% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1 874 NOK → +1 042 NOK (op. margin 0.1% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 52.0k NOK → 47.7k NOK (equity ratio 10.9% → 9.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 426.2k NOK → 361.0k NOK (-15.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2.35. Reported fact