Org.nr 993 785 105 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BRINDEM AS: årsregnskap 2023 vs 2022

Shrank 7% on revenue, slipped into loss, cash halved-plus

approved 2024-04-29; registry 2024-05-02; journal 2024 388696

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BRINDEM AS. Revenue 1.61m NOK → 1.49m NOK (-7.1%). Net result +5.17m NOK → -146.4k NOK. Equity 311.3k NOK → 164.9k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
1.61m NOK 1.49m NOK
-7.1%
Operating result
+215.9k NOK -88.9k NOK
-141.2%
Net result
+5.17m NOK -146.4k NOK
-102.8%
Equity
311.3k NOK 164.9k NOK
-47.0%
Cash
55.2k NOK 21.1k NOK
-61.8%
Total assets
721.5k NOK 300.5k NOK
-58.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 807.1k NOK → 653.0k NOK (50% → 44% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.61m NOK to 1.49m NOK (-7.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +215.9k NOK → -88.9k NOK (op. margin 13.4% → -6.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5.17m NOK profit to a loss of 146.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 311.3k NOK → 164.9k NOK (equity ratio 43.1% → 54.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 55.2k NOK → 21.1k NOK (-61.8% YoY). Calculated