FirmaIQ
Org.nr 994 298 380 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA MOEN ERIKSTEIN AS: årsregnskap 2023 vs 2022

Shrank 33% on revenue, slipped into loss, cash halved-plus

approved 2024-07-26; registry 2024-07-30; journal 2024 684594

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA MOEN ERIKSTEIN AS. Revenue 3.79m NOK → 2.52m NOK (-33.4%). Net result +484.3k NOK → -12.9k NOK. Equity 12.74m NOK → 12.72m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMA MOEN ERIKSTEIN AS.

At a glance

Scorecard

Revenue
3.79m NOK 2.52m NOK
-33.4%
Operating result
+370.3k NOK -274.8k NOK
-174.2%
Net result
+484.3k NOK -12.9k NOK
-102.7%
Equity
12.74m NOK 12.72m NOK
-0.1%
Cash
1.89m NOK 641.5k NOK
-66.1%
Total assets
13.83m NOK 13.29m NOK
-3.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.79m NOK to 2.52m NOK (-33.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +370.3k NOK → -274.8k NOK (op. margin 9.8% → -10.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 484.3k NOK profit to a loss of 12.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 12.74m NOK → 12.72m NOK (equity ratio 92.1% → 95.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.89m NOK → 641.5k NOK (-66.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.89m NOK → 641.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation