ADVOKATFIRMAET BAADSTØ AS: årsregnskap 2023 vs 2022
Grew 21% on revenue, weaker earnings, cash halved-plus
approved 2024-04-16; registry 2024-04-18; journal 2024 363530
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BAADSTØ AS. Revenue 3.31m NOK → 4.01m NOK (+21.3%). Net result -28.4k NOK → -117.8k NOK. Equity 1.79m NOK → 1.67m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAADSTØ AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.31m NOK to 4.01m NOK (+21.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -109.8k NOK → -120.0k NOK (op. margin -3.3% → -3.0%). Calculated
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↓
Net result weakened
Net result -28.4k NOK → -117.8k NOK (net margin -0.9% → -2.9%). Calculated
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↓
Equity eroded
Book equity 1.79m NOK → 1.67m NOK (equity ratio 71.8% → 73.9%). Calculated
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↓
Cash fell
Bank deposits 9.57m NOK → 122.7k NOK (-98.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.57m NOK → 122.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 283.7k NOK → 729.0k NOK (+157.0% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 2. Reported fact