FirmaIQ
Org.nr 927 152 037 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET SAAR AS: årsregnskap 2023 vs 2022

Shrank 22% on revenue, slipped into loss

approved 2024-04-18; registry 2024-05-02; journal 2024 387089

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SAAR AS. Revenue 4.50m NOK → 3.51m NOK (-22.1%). Net result +887.2k NOK → -159.9k NOK. Equity 1.02m NOK → 7.61m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SAAR AS.

At a glance

Scorecard

Revenue
4.50m NOK 3.51m NOK
-22.1%
Operating result
+1 155 NOK -156.0k NOK
-13606.3%
Net result
+887.2k NOK -159.9k NOK
-118.0%
Equity
1.02m NOK 7.61m NOK
+648.7%
Cash
951.6k NOK 491.3k NOK
-48.4%
Total assets
2.10m NOK 1.33m NOK
-36.9%

What improved

  • ↑

    Equity strengthened

    Book equity 1.02m NOK → 7.61m NOK (equity ratio 48.3% → 572.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.50m NOK to 3.51m NOK (-22.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 155 NOK → -156.0k NOK (op. margin 0.0% → -4.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 887.2k NOK profit to a loss of 159.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 951.6k NOK → 491.3k NOK (-48.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.68m NOK → 3.08m NOK (60% → 88% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 47.0k NOK → 8 651 NOK (-81.6% YoY). Calculated