Org.nr 983 524 486 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET KOPSTAD AS: årsregnskap 2023 vs 2022

Shrank 8% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 389691

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KOPSTAD AS. Revenue 1.80m NOK → 1.65m NOK (-8.3%). Net result +6.23m NOK → +174.5k NOK. Equity 641.6k NOK → 416.1k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
1.80m NOK 1.65m NOK
-8.3%
Operating result
+295.8k NOK +224.4k NOK
-24.1%
Net result
+6.23m NOK +174.5k NOK
-97.2%
Equity
641.6k NOK 416.1k NOK
-35.1%
Cash
563.2k NOK 454.9k NOK
-19.2%
Total assets
1.22m NOK 931.1k NOK
-23.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.18m NOK → 1.07m NOK (66% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.80m NOK to 1.65m NOK (-8.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +295.8k NOK → +224.4k NOK (op. margin 16.5% → 13.6%). Calculated

  • ↓

    Net result weakened

    Net result +6.23m NOK → +174.5k NOK (net margin 347.0% → 10.6%). Calculated

  • ↓

    Equity eroded

    Book equity 641.6k NOK → 416.1k NOK (equity ratio 52.6% → 44.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 563.2k NOK → 454.9k NOK (-19.2% YoY). Calculated