Org.nr 918 120 734 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA SØRSKÅR KONTORDRIFT: årsregnskap 2023 vs 2022

Grew 27% on revenue, stronger earnings

approved 2024-02-26; registry 2024-03-07; journal 2024 319602

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA SØRSKÅR KONTORDRIFT. Revenue 2.28m NOK → 2.91m NOK (+27.5%). Net result +130.5k NOK → +160.1k NOK. Equity 586.0k NOK → 746 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SØRSKÅR KONTORDRIFT.

Scorecard

Revenue
2.28m NOK 2.91m NOK
+27.5%
Operating result
+165.5k NOK +214.7k NOK
+29.7%
Net result
+130.5k NOK +160.1k NOK
+22.7%
Equity
586.0k NOK 746 NOK
-99.9%
Cash
185.6k NOK 641.4k NOK
+245.5%
Total assets
917.1k NOK 354.3k NOK
-61.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.28m NOK to 2.91m NOK (+27.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +165.5k NOK → +214.7k NOK (op. margin 7.3% → 7.4%). Calculated

  • ↑

    Net result improved

    Net result +130.5k NOK → +160.1k NOK (net margin 5.7% → 5.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 185.6k NOK → 641.4k NOK (+245.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 586.0k NOK → 746 NOK (equity ratio 63.9% → 0.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.67× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 16.7k NOK → 31.3k NOK (+86.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact