Org.nr 920 771 335 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA SIMONSEN OG RANA AS: årsregnskap 2023 vs 2022

Shrank 53% on revenue, slipped into loss

approved 2024-04-30; registry 2024-05-04; journal 2024 391478

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA SIMONSEN OG RANA AS. Revenue 2.08m NOK → 973.0k NOK (-53.2%). Net result +494.4k NOK → -291.1k NOK. Equity 1.01m NOK → 6.72m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
2.08m NOK 973.0k NOK
-53.2%
Operating result
+689.2k NOK -288.8k NOK
-141.9%
Net result
+494.4k NOK -291.1k NOK
-158.9%
Equity
1.01m NOK 6.72m NOK
+567.2%
Cash
646.5k NOK 682.8k NOK
+5.6%
Total assets
446.6k NOK 943.7k NOK
+111.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.01m NOK → 6.72m NOK (equity ratio 225.4% → 711.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 646.5k NOK → 682.8k NOK (+5.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.08m NOK to 973.0k NOK (-53.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +689.2k NOK → -288.8k NOK (op. margin 33.1% → -29.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 494.4k NOK profit to a loss of 291.1k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.74m NOK → 2.82m NOK (132% → 290% of revenue). Calculated