FirmaIQ
Org.nr 994 267 256 2022 → 2023 Year-over-year analysis

ADVOKATENE SVEEN AS: årsregnskap 2023 vs 2022

Grew 10% on revenue, returned to profit, cash halved-plus

approved 2024-04-30; registry 2024-05-04; journal 2024 392150

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATENE SVEEN AS. Revenue 2.09m NOK → 2.30m NOK (+10.1%). Net result -429.7k NOK → +211.2k NOK. Equity 1.00m NOK → 1.21m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.09m NOK 2.30m NOK
+10.1%
Operating result
-390.9k NOK +263.1k NOK
+167.3%
Net result
-429.7k NOK +211.2k NOK
+149.2%
Equity
1.00m NOK 1.21m NOK
+21.1%
Cash
64.8k NOK 13.7k NOK
-78.8%
Total assets
2.30m NOK 2.09m NOK
-9.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.09m NOK to 2.30m NOK (+10.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -390.9k NOK → +263.1k NOK (op. margin -18.7% → 11.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 429.7k NOK to a profit of 211.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.00m NOK → 1.21m NOK (equity ratio 43.6% → 58.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 64.8k NOK → 13.7k NOK (-78.8% YoY). Calculated