Org.nr 993 425 141 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA WOLLAND AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-05-03; registry 2024-08-03; journal 2024 709723

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA WOLLAND AS. Revenue 61.1k NOK → 61.1k NOK (0.0%). Net result +34.1k NOK → -14.8k NOK. Equity 53.7k NOK → 38.8k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMA WOLLAND AS.

Scorecard

Revenue
61.1k NOK 61.1k NOK
0.0%
Operating result
+34.1k NOK -14.8k NOK
-143.6%
Net result
+34.1k NOK -14.8k NOK
-143.6%
Equity
53.7k NOK 38.8k NOK
-27.7%
Cash
14.4k NOK 10.1k NOK
-30.3%
Total assets
53.7k NOK 44.4k NOK
-17.2%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio -1.37× → 7.91×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +34.1k NOK → -14.8k NOK (op. margin 55.8% → -24.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 34.1k NOK profit to a loss of 14.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 53.7k NOK → 38.8k NOK (equity ratio 100.0% → 87.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.4k NOK → 10.1k NOK (-30.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 220.0k NOK → 53.7k NOK — check capital reduction, conversion, or reclassification. Interpretation