ADVOKATFIRMAET ALM AS: årsregnskap 2023 vs 2022
Shrank 10% on revenue
approved 2024-06-24; registry 2024-07-22; journal 2024 657617
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET ALM AS. Revenue 971.4k NOK → 871.7k NOK (-10.3%). Net result +201.2k NOK → +162.5k NOK. Equity 475.3k NOK → 637.9k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ALM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 475.3k NOK → 637.9k NOK (equity ratio 166.7% → 69.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.35× → 3.32×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 971.4k NOK to 871.7k NOK (-10.3% YoY). Calculated
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↓
Operating result weakened
Operating result +221.2k NOK → +156.7k NOK (op. margin 22.8% → 18.0%). Calculated
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↓
Net result weakened
Net result +201.2k NOK → +162.5k NOK (net margin 20.7% → 18.6%). Calculated
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↓
Cash fell
Bank deposits 615.4k NOK → 472.5k NOK (-23.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 372.5k NOK → 418.5k NOK (38% → 48% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 172.5k NOK → 45.0k NOK (-73.9% YoY). Calculated