FirmaIQ
Org.nr 996 918 122 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET SCHJØDT AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-04-17; registry 2024-04-29; journal 2024 380720

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SCHJØDT AS. Revenue 341.50m NOK → 326.66m NOK (-4.3%). Net result +165.52m NOK → +159.71m NOK. Equity 18.65m NOK → 29.61m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMAET SCHJØDT AS.

At a glance

Scorecard

Revenue
341.50m NOK 326.66m NOK
-4.3%
Operating result
+198.07m NOK +164.98m NOK
-16.7%
Net result
+165.52m NOK +159.71m NOK
-3.5%
Equity
18.65m NOK 29.61m NOK
+58.7%
Cash
147.81m NOK 24.27m NOK
-83.6%
Total assets
460.15m NOK 348.52m NOK
-24.3%

What improved

  • ↑

    Equity strengthened

    Book equity 18.65m NOK → 29.61m NOK (equity ratio 4.1% → 8.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 12.29m NOK → 13.18m NOK (+898.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 341.50m NOK to 326.66m NOK (-4.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +198.07m NOK → +164.98m NOK (op. margin 58.0% → 50.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 147.81m NOK → 24.27m NOK (-83.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.11bn NOK → 3.11bn NOK (910% → 953% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (147.81m NOK → 24.27m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation