Org.nr 992 433 418 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET KRAGERUD & CO AS: årsregnskap 2023 vs 2022

Shrank 8% on revenue, cash halved-plus

approved 2024-04-22; registry 2024-04-27; journal 2024 379112

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KRAGERUD & CO AS. Revenue 838.5k NOK → 774.5k NOK (-7.6%). Net result -497.5k NOK → -406.6k NOK. Equity 1.60m NOK → 1.19m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KRAGERUD & CO AS.

Scorecard

Revenue
838.5k NOK 774.5k NOK
-7.6%
Operating result
-536.9k NOK -414.3k NOK
+22.8%
Net result
-497.5k NOK -406.6k NOK
+18.3%
Equity
1.60m NOK 1.19m NOK
-25.5%
Cash
512.5k NOK 247.3k NOK
-51.7%
Total assets
3.00m NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result -536.9k NOK → -414.3k NOK (op. margin -64.0% → -53.5%). Calculated

  • ↑

    Net result improved

    Net result -497.5k NOK → -406.6k NOK (net margin -59.3% → -52.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 838.5k NOK to 774.5k NOK (-7.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.60m NOK → 1.19m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 512.5k NOK → 247.3k NOK (-51.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 612.5k NOK (0% → 79% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact