FirmaIQ
Org.nr 991 266 852 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HOLST STIFJELL AS: årsregnskap 2023 vs 2022

Shrank 79% on revenue, cash halved-plus

approved 2024-05-02; registry 2024-05-06; journal 2024 395002

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HOLST STIFJELL AS. Revenue 946.7k NOK → 194.9k NOK (-79.4%). Net result -74.6k NOK → -72.1k NOK.

On the constructive side: operating result improved; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOLST STIFJELL AS.

At a glance

Scorecard

Revenue
946.7k NOK 194.9k NOK
-79.4%
Operating result
+10.2k NOK +15.8k NOK
+54.8%
Net result
-74.6k NOK -72.1k NOK
+3.3%
Equity
-306.0k NOK n/m
—
Cash
10.1k NOK 2 086 NOK
-79.3%
Total assets
646.3k NOK 731.1k NOK
+13.1%

What improved

  • ↑

    Operating result improved

    Operating result +10.2k NOK → +15.8k NOK (op. margin 1.1% → 8.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.68× → 6.67×. Calculated

  • ↑

    Payroll decreased

    Salary cost 631.7k NOK → 11.8k NOK (67% → 6% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 946.7k NOK to 194.9k NOK (-79.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 10.1k NOK → 2 086 NOK (-79.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 000 NOK → 3 478 NOK. Reported fact