Org.nr 915 610 633 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA SKRETTING AS: årsregnskap 2023 vs 2022

Shrank 11% on revenue, weaker earnings

approved 2024-04-26; registry 2024-05-02; journal 2024 388938

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA SKRETTING AS. Revenue 6.60m NOK → 5.88m NOK (-11.0%). Net result +957.8k NOK → +735.0k NOK. Equity 1.72m NOK → 2.01m NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SKRETTING AS.

Scorecard

Revenue
6.60m NOK 5.88m NOK
-11.0%
Operating result
+253.6k NOK +959.1k NOK
+278.3%
Net result
+957.8k NOK +735.0k NOK
-23.3%
Equity
1.72m NOK 2.01m NOK
+16.5%
Cash
2.80m NOK 2.58m NOK
-7.7%
Total assets
4.51m NOK 4.10m NOK
-9.2%

What improved

  • ↑

    Operating result improved

    Operating result +253.6k NOK → +959.1k NOK (op. margin 3.8% → 16.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.72m NOK → 2.01m NOK (equity ratio 38.2% → 49.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.86m NOK → 3.35m NOK (58% → 57% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.60m NOK to 5.88m NOK (-11.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +957.8k NOK → +735.0k NOK (net margin 14.5% → 12.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.80m NOK → 2.58m NOK (-7.7% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5. Reported fact