Org.nr 926 454 919 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BJØRINGSØY & SKULSTAD AS: årsregnskap 2023 vs 2022

Shrank 9% on revenue, slipped into loss, cash halved-plus

approved 2024-03-01; registry 2024-03-06; journal 2024 319601

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BJØRINGSØY & SKULSTAD AS. Revenue 539.5k NOK → 490.2k NOK (-9.1%). Net result +76.8k NOK → -14.5k NOK. Equity 182.5k NOK → 167.9k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRINGSØY & SKULSTAD AS.

Scorecard

Revenue
539.5k NOK 490.2k NOK
-9.1%
Operating result
+114.7k NOK -19.7k NOK
-117.2%
Net result
+76.8k NOK -14.5k NOK
-118.9%
Equity
182.5k NOK 167.9k NOK
-8.0%
Cash
167.9k NOK 59.2k NOK
-64.8%
Total assets
313.6k NOK 243.6k NOK
-22.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 539.5k NOK to 490.2k NOK (-9.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +114.7k NOK → -19.7k NOK (op. margin 21.3% → -4.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 76.8k NOK profit to a loss of 14.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 182.5k NOK → 167.9k NOK (equity ratio 58.2% → 68.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 167.9k NOK → 59.2k NOK (-64.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 37.5k NOK → 4 415 NOK (-88.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.1 → 0.7. Reported fact