ADVOKATFIRMAET KVANVIK & SCHJETNE AS: årsregnskap 2023 vs 2022
Grew 836% on revenue, slipped into loss
approved 2024-04-03; registry 2024-04-17; journal 2024 360507
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KVANVIK & SCHJETNE AS. Revenue 226.7k NOK → 2.12m NOK (+835.6%). Net result +249.3k NOK → -13.3k NOK. Equity 339.8k NOK → 326.5k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KVANVIK & SCHJETNE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 226.7k NOK to 2.12m NOK (+835.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.21× → 1.58×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +319.7k NOK → -17.6k NOK (op. margin 141.0% → -0.8%). Calculated
-
↓
Fell into a net loss
Net result flipped from 249.3k NOK profit to a loss of 13.3k NOK. Calculated
-
↓
Equity eroded
Book equity 339.8k NOK → 326.5k NOK (equity ratio 171.6% → 36.7%). Calculated
-
↓
Cash fell
Bank deposits 873.2k NOK → 626.2k NOK (-28.3% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 NOK → 1.68m NOK (0% → 79% of revenue). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact