Org.nr 919 227 222 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BERG AS: årsregnskap 2023 vs 2022

Shrank 43% on revenue, weaker earnings, cash halved-plus

approved 2024-04-30; registry 2024-05-04; journal 2024 392436

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BERG AS. Revenue 11.04m NOK → 6.25m NOK (-43.4%). Net result -299.2k NOK → -470.4k NOK. Equity 237.6k NOK → 7 NOK.

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

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

Scorecard

Revenue
11.04m NOK 6.25m NOK
-43.4%
Operating result
-342.4k NOK -467.5k NOK
-36.5%
Net result
-299.2k NOK -470.4k NOK
-57.2%
Equity
237.6k NOK 7 NOK
-100.0%
Cash
219.2k NOK 51.5k NOK
-76.5%
Total assets
2.77m NOK n/m
—

What improved

  • ↑

    Payroll decreased

    Salary cost 7.17m NOK → 3.82m NOK (65% → 61% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.04m NOK to 6.25m NOK (-43.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -342.4k NOK → -467.5k NOK (op. margin -3.1% → -7.5%). Calculated

  • ↓

    Net result weakened

    Net result -299.2k NOK → -470.4k NOK (net margin -2.7% → -7.5%). Calculated

  • ↓

    Equity eroded

    Book equity 237.6k NOK → 7 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 219.2k NOK → 51.5k NOK (-76.5% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 3. Reported fact