Org.nr 818 120 842 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET SIRI K. KARLSEN AS: årsregnskap 2023 vs 2022

Grew 43% on revenue, stronger earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 392530

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SIRI K. KARLSEN AS. Revenue 2.23m NOK → 3.19m NOK (+43.0%). Net result +22.1k NOK → +42.5k NOK. Equity 10.37m NOK → 214.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIRI K. KARLSEN AS.

Scorecard

Revenue
2.23m NOK 3.19m NOK
+43.0%
Operating result
+15.4k NOK +30.6k NOK
+98.8%
Net result
+22.1k NOK +42.5k NOK
+92.4%
Equity
10.37m NOK 214.3k NOK
-97.9%
Cash
498.8k NOK 255.3k NOK
-48.8%
Total assets
1.51m NOK 921.6k NOK
-39.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.23m NOK to 3.19m NOK (+43.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +15.4k NOK → +30.6k NOK (op. margin 0.7% → 1.0%). Calculated

  • ↑

    Net result improved

    Net result +22.1k NOK → +42.5k NOK (net margin 1.0% → 1.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.42m NOK → 1.28m NOK (64% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.37m NOK → 214.3k NOK (equity ratio 685.2% → 23.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 498.8k NOK → 255.3k NOK (-48.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 9.54× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 19.1k NOK → 846.9k NOK (+4328.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.1. Reported fact