ADVOKATFIRMA MJAALAND AS: årsregnskap 2023 vs 2022
Grew 12% on revenue, slipped into loss
approved 2024-04-26; registry 2024-05-02; journal 2024 388533
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA MJAALAND AS. Revenue 2.32m NOK → 2.59m NOK (+11.9%). Net result +618 NOK → -29.7k NOK. Equity 41.5k NOK → 11.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAALAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.32m NOK to 2.59m NOK (+11.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +11.7k NOK → -31.0k NOK (op. margin 0.5% → -1.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 618 NOK profit to a loss of 29.7k NOK. Calculated
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↓
Equity eroded
Book equity 41.5k NOK → 11.8k NOK (equity ratio 6.7% → 1.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.84m NOK → 2.12m NOK (79% → 82% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 7 957 NOK → 1 736 NOK (-78.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact