Org.nr 921 777 442 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA ASPEFLATEN AS: årsregnskap 2023 vs 2022

Grew 57% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-02; journal 2024 388741

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA ASPEFLATEN AS. Revenue 1.08m NOK → 1.70m NOK (+56.5%). Net result +57.5k NOK → +22.8k NOK. Equity 51.0k NOK → 73.8k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA ASPEFLATEN AS.

Scorecard

Revenue
1.08m NOK 1.70m NOK
+56.5%
Operating result
+73.2k NOK +25.1k NOK
-65.7%
Net result
+57.5k NOK +22.8k NOK
-60.3%
Equity
51.0k NOK 73.8k NOK
+44.7%
Cash
36.4k NOK 27.1k NOK
-25.5%
Total assets
304.8k NOK 565.5k NOK
+85.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.08m NOK to 1.70m NOK (+56.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 51.0k NOK → 73.8k NOK (equity ratio 16.7% → 13.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +73.2k NOK → +25.1k NOK (op. margin 6.7% → 1.5%). Calculated

  • ↓

    Net result weakened

    Net result +57.5k NOK → +22.8k NOK (net margin 5.3% → 1.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.4k NOK → 27.1k NOK (-25.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.20× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 502.2k NOK → 948.6k NOK (46% → 56% of revenue). Calculated