ADVOKATFIRMAET KNAPSTAD & CO AS: årsregnskap 2023 vs 2022
Grew 124912% on revenue, returned to profit
approved 2024-04-29; registry 2024-05-02; journal 2024 388871
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KNAPSTAD & CO AS. Revenue 1 721 NOK → 2.15m NOK (+124912.2%). Net result -261.7k NOK → +77.7k NOK. Equity -231.7k NOK → -154.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET KNAPSTAD & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 721 NOK to 2.15m NOK (+124912.2% YoY). Calculated
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↑
Operating result improved
Operating result -250.1k NOK → +84.7k NOK (op. margin -14534.9% → 3.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 261.7k NOK to a profit of 77.7k NOK. Calculated
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↑
Equity strengthened
Book equity -231.7k NOK → -154.1k NOK (equity ratio -233.8% → -52.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 49.9k NOK → 48.4k NOK (-2.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 860 NOK → 1.32m NOK (108% → 61% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 343.8k NOK → 35.3k NOK (-89.7% YoY). Calculated