ADVOKATFIRMAET MDM AS: årsregnskap 2023 vs 2022
Returned to profit
approved 2024-04-11; registry 2024-04-27; journal 2024 377467
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET MDM AS. Revenue 0 NOK → 54.7k NOK. Net result -645.7k NOK → +101.7k NOK. Equity -339.7k NOK → -238.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET MDM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 54.7k NOK. Calculated
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↑
Operating result improved
Operating result -4 834 NOK → +12.0k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 645.7k NOK to a profit of 101.7k NOK. Calculated
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↑
Equity strengthened
Book equity -339.7k NOK → -238.1k NOK (equity ratio -67.6% → -598.3%). Calculated
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↑
Cash rose
Bank deposits -8 606 NOK → 2 340 NOK (+127.2% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 58.40× → -2.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -598.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation