ADVOKATENE I OSLO AS: årsregnskap 2023 vs 2022
Shrank 97% on revenue, slipped into loss
approved 2024-04-29; registry 2024-05-04; journal 2024 389900
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATENE I OSLO AS. Revenue 151.5k NOK → 5 008 NOK (-96.7%). Net result +87.4k NOK → -58.0k NOK. Equity 53.2k NOK → -4 770 NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE I OSLO AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 151.5k NOK to 5 008 NOK (-96.7% YoY). Calculated
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Operating result weakened
Operating result +87.3k NOK → -58.1k NOK (op. margin 57.6% → -1159.6%). Calculated
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Fell into a net loss
Net result flipped from 87.4k NOK profit to a loss of 58.0k NOK. Calculated
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Equity eroded
Book equity 53.2k NOK → -4 770 NOK (equity ratio 56.5% → -10.1%). Calculated
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Cash fell
Bank deposits 42.9k NOK → 21.9k NOK (-48.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -10.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation