FirmaIQ
Org.nr 987 898 135 2022 → 2023 Year-over-year analysis

ADVOKATENE PÅ NORDSTRAND AS: årsregnskap 2023 vs 2022

Shrank 35% on revenue, slipped into loss

approved 2024-03-21; registry 2024-03-25; journal 2024 338719

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATENE PÅ NORDSTRAND AS. Revenue 3.55m NOK → 2.31m NOK (-34.8%). Net result +3.61m NOK → -649.1k NOK. Equity 1.82m NOK → 1.17m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATENE PÅ NORDSTRAND AS.

At a glance

Scorecard

Revenue
3.55m NOK 2.31m NOK
-34.8%
Operating result
+758.2k NOK -662.1k NOK
-187.3%
Net result
+3.61m NOK -649.1k NOK
-118.0%
Equity
1.82m NOK 1.17m NOK
-35.7%
Cash
1.50m NOK 1.29m NOK
-13.8%
Total assets
2.42m NOK 1.62m NOK
-33.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.90m NOK → 1.88m NOK (54% → 81% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.55m NOK to 2.31m NOK (-34.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +758.2k NOK → -662.1k NOK (op. margin 21.4% → -28.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.61m NOK profit to a loss of 649.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.82m NOK → 1.17m NOK (equity ratio 75.1% → 72.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.50m NOK → 1.29m NOK (-13.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 230.5k NOK → 96.2k NOK (-58.2% YoY). Calculated