ADVOKATFIRMAET NAVJORD AS: årsregnskap 2023 vs 2022
Shrank 11% on revenue, stronger earnings
approved 2024-04-30; registry 2024-05-04; journal 2024 390989
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET NAVJORD AS. Revenue 1.96m NOK → 1.75m NOK (-10.9%). Net result +6 918 NOK → +162.1k NOK. Equity 632.0k NOK → 794.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET NAVJORD AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +74.5k NOK → +321.2k NOK (op. margin 3.8% → 18.4%). Calculated
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Net result improved
Net result +6 918 NOK → +162.1k NOK (net margin 0.4% → 9.3%). Calculated
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Equity strengthened
Book equity 632.0k NOK → 794.1k NOK. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.96m NOK to 1.75m NOK (-10.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.12× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 1.31m NOK → 1.71m NOK (67% → 98% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 59.0k NOK → 27.2k NOK (-53.9% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1.5 → 1. Reported fact