FirmaIQ
Org.nr 999 277 853 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA ENGENES AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-03-20; registry 2024-03-26; journal 2024 339647

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA ENGENES AS. Revenue 2.47m NOK → 2.38m NOK (-3.6%). Net result +674.5k NOK → +421.2k NOK. Equity 317.3k NOK → 738.5k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.47m NOK 2.38m NOK
-3.6%
Operating result
+857.0k NOK +522.4k NOK
-39.0%
Net result
+674.5k NOK +421.2k NOK
-37.6%
Equity
317.3k NOK 738.5k NOK
+132.7%
Cash
93.9k NOK 643.9k NOK
+586.0%
Total assets
1.49m NOK 1.21m NOK
-18.8%

What improved

  • ↑

    Equity strengthened

    Book equity 317.3k NOK → 738.5k NOK (equity ratio 21.2% → 60.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 93.9k NOK → 643.9k NOK (+586.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.00m NOK → 1 119 NOK (81% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.47m NOK to 2.38m NOK (-3.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +857.0k NOK → +522.4k NOK (op. margin 34.7% → 21.9%). Calculated

  • ↓

    Net result weakened

    Net result +674.5k NOK → +421.2k NOK (net margin 27.3% → 17.7%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 114.5k NOK → 239.9k NOK (+109.5% YoY). Calculated