Org.nr 988 371 084 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS: årsregnskap 2023 vs 2022

Grew 77547% on revenue, stronger earnings, cash halved-plus

approved 2023-11-01; registry 2023-11-20; journal 2023 737615

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS. Revenue 685.9k NOK → 532.58m NOK (+77547.1%). Net result +24.4k NOK → +109.0k NOK. Equity 30.06m NOK → 28.91m NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS.

Scorecard

Revenue
685.9k NOK 532.58m NOK
+77547.1%
Operating result
+186.68m NOK +78.30m NOK
-58.1%
Net result
+24.4k NOK +109.0k NOK
+347.1%
Equity
30.06m NOK 28.91m NOK
-3.8%
Cash
209.12m NOK 62.58m NOK
-70.1%
Total assets
399.4k NOK 284.70m NOK
+71182.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 685.9k NOK to 532.58m NOK (+77547.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +24.4k NOK → +109.0k NOK (net margin 3.6% → 0.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.23m NOK → 5.20m NOK (762% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +186.68m NOK → +78.30m NOK (op. margin 27216.9% → 14.7%). Calculated

  • ↓

    Equity eroded

    Book equity 30.06m NOK → 28.91m NOK (equity ratio 7526.4% → 10.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 209.12m NOK → 62.58m NOK (-70.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (209.12m NOK → 62.58m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.96m NOK → 2.89m NOK — check capital reduction, conversion, or reclassification. Interpretation