FirmaIQ
Org.nr 982 791 553 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2023 vs 2022

Shrank 13% on revenue, weaker earnings

approved 2024-04-26; registry 2024-05-04; journal 2024 392079

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 4.28m NOK → 3.72m NOK (-13.1%). Net result +1.09m NOK → +536.3k NOK. Equity 160.3k NOK → 106.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.

At a glance

Scorecard

Revenue
4.28m NOK 3.72m NOK
-13.1%
Operating result
+1.39m NOK +708.0k NOK
-48.9%
Net result
+1.09m NOK +536.3k NOK
-50.8%
Equity
160.3k NOK 106.6k NOK
-33.5%
Cash
5.44m NOK 13.70m NOK
+151.9%
Total assets
8.08m NOK 2.94m NOK
-63.7%

What improved

  • ↑

    Cash rose

    Bank deposits 5.44m NOK → 13.70m NOK (+151.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.28m NOK to 3.72m NOK (-13.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.39m NOK → +708.0k NOK (op. margin 32.4% → 19.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.09m NOK → +536.3k NOK (net margin 25.5% → 14.4%). Calculated

  • ↓

    Equity eroded

    Book equity 160.3k NOK → 106.6k NOK (equity ratio 2.0% → 3.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 29.5k NOK → 45.9k NOK (+55.5% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.6 → 1.7. Reported fact