ADVOKATFIRMAET GISVOLD AS: årsregnskap 2023 vs 2022
Shrank 53% on revenue, weaker earnings
registry 2024-02-24; journal 2024 311032
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET GISVOLD AS. Revenue 10.61m NOK → 4.94m NOK (-53.4%). Net result +2.40m NOK → +1.92m NOK. Equity 321.3k NOK → 343.9k NOK.
On the constructive side: equity strengthened. 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 GISVOLD AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 321.3k NOK → 343.9k NOK (equity ratio 8.8% → 11.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.61m NOK to 4.94m NOK (-53.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +3.08m NOK → +2.46m NOK (op. margin 29.0% → 49.9%). Calculated
-
↓
Net result weakened
Net result +2.40m NOK → +1.92m NOK (net margin 22.7% → 38.9%). Calculated
-
↓
Cash fell
Bank deposits 3.42m NOK → 2.39m NOK (-30.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 203.0k NOK → 851.1k NOK (2% → 17% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 5.07m NOK → 1.37m NOK (-73.0% YoY). Calculated