Org.nr 916 531 532 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA KRANE AS: årsregnskap 2023 vs 2022

Shrank 17% on revenue, slipped into loss

approved 2024-04-30; registry 2024-05-04; journal 2024 391395

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA KRANE AS. Revenue 1.19m NOK → 982.7k NOK (-17.3%). Net result +17.2k NOK → -105.6k NOK. Equity 225.6k NOK → 120.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
1.19m NOK 982.7k NOK
-17.3%
Operating result
+18.8k NOK -111.9k NOK
-694.5%
Net result
+17.2k NOK -105.6k NOK
-713.9%
Equity
225.6k NOK 120.0k NOK
-46.8%
Cash
235.5k NOK 201.5k NOK
-14.5%
Total assets
390.1k NOK 302.7k NOK
-22.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.19m NOK to 982.7k NOK (-17.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +18.8k NOK → -111.9k NOK (op. margin 1.6% → -11.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 17.2k NOK profit to a loss of 105.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 225.6k NOK → 120.0k NOK (equity ratio 57.8% → 39.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 235.5k NOK → 201.5k NOK (-14.5% YoY). Calculated