Org.nr 997 372 301 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET MELAND AS: årsregnskap 2023 vs 2022

Shrank 14% on revenue, stronger earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 389950

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET MELAND AS. Revenue 4.83m NOK → 4.14m NOK (-14.4%). Net result -508.0k NOK → -227.5k NOK. Equity 1.23m NOK → 703.0k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.83m NOK 4.14m NOK
-14.4%
Operating result
-624.7k NOK -142.5k NOK
+77.2%
Net result
-508.0k NOK -227.5k NOK
+55.2%
Equity
1.23m NOK 703.0k NOK
-42.8%
Cash
67.3k NOK 93.3k NOK
+38.6%
Total assets
6.17m NOK 3.90m NOK
-36.7%

What improved

  • ↑

    Operating result improved

    Operating result -624.7k NOK → -142.5k NOK (op. margin -12.9% → -3.4%). Calculated

  • ↑

    Net result improved

    Net result -508.0k NOK → -227.5k NOK (net margin -10.5% → -5.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 67.3k NOK → 93.3k NOK (+38.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.41m NOK → 2.46m NOK (70% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.83m NOK to 4.14m NOK (-14.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.23m NOK → 703.0k NOK (equity ratio 19.9% → 18.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.09× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated