ADVOKATFIRMA SEKSE & CO. AS: årsregnskap 2023 vs 2022
Grew 15% on revenue
approved 2024-03-08; registry 2024-03-18; journal 2024 330448
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA SEKSE & CO. AS. Revenue 19.76m NOK → 22.66m NOK (+14.6%). Net result -9 439 NOK → -12.6k NOK. Equity 846.5k NOK → 833.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA SEKSE & CO. AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 19.76m NOK to 22.66m NOK (+14.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +42.5k NOK → +6 531 NOK (op. margin 0.2% → 0.0%). Calculated
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↓
Net result weakened
Net result -9 439 NOK → -12.6k NOK (net margin -0.0% → -0.1%). Calculated
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↓
Equity eroded
Book equity 846.5k NOK → 833.9k NOK (equity ratio 8.4% → 8.4%). Calculated
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↓
Cash fell
Bank deposits 3.14m NOK → 2.62m NOK (-16.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 872.4k NOK → 983.1k NOK (4% → 4% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 407.0k NOK → 726.3k NOK (+78.4% YoY). Calculated