ADVOKATFIRMAET LEGAL AS: årsregnskap 2023 vs 2022
Shrank 11% on revenue, cash halved-plus
approved 2024-04-23; registry 2024-04-27; journal 2024 377575
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET LEGAL AS. Revenue 11.62m NOK → 10.39m NOK (-10.6%). Net result +6.74m NOK → +5.48m NOK. Equity 7.89m NOK → 630.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.28m NOK → 1.01m NOK (11% → 10% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 11.62m NOK to 10.39m NOK (-10.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +6.82m NOK → +5.60m NOK (op. margin 58.7% → 53.9%). Calculated
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↓
Net result weakened
Net result +6.74m NOK → +5.48m NOK (net margin 58.0% → 52.8%). Calculated
-
↓
Equity eroded
Book equity 7.89m NOK → 630.5k NOK (equity ratio 352.7% → 33.3%). Calculated
-
↓
Cash fell
Bank deposits 38.1k NOK → 17.8k NOK (-53.3% YoY). Calculated