Org.nr 925 423 246 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET SAASTAD AS: årsregnskap 2023 vs 2022

Shrank 78% on revenue, stronger earnings

approved 2024-04-18; registry 2024-04-22; journal 2024 367447

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SAASTAD AS. Revenue 985.3k NOK → 221.3k NOK (-77.5%). Net result +2 971 NOK → +93.1k NOK. Equity 272.5k NOK → 365.6k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Net constructive year on the published lines.

Scorecard

Revenue
985.3k NOK 221.3k NOK
-77.5%
Operating result
+16.6k NOK +117.6k NOK
+609.9%
Net result
+2 971 NOK +93.1k NOK
+3032.1%
Equity
272.5k NOK 365.6k NOK
+34.1%
Cash
178.9k NOK 271.1k NOK
+51.6%
Total assets
433.5k NOK 547.3k NOK
+26.3%

What improved

  • ↑

    Operating result improved

    Operating result +16.6k NOK → +117.6k NOK (op. margin 1.7% → 53.1%). Calculated

  • ↑

    Net result improved

    Net result +2 971 NOK → +93.1k NOK (net margin 0.3% → 42.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 272.5k NOK → 365.6k NOK (equity ratio 62.9% → 66.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 178.9k NOK → 271.1k NOK (+51.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 985.3k NOK to 221.3k NOK (-77.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 707.9k NOK → 882.6k NOK (72% → 399% of revenue). Calculated