Org.nr 917 042 551 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET SOLBØ AS: årsregnskap 2023 vs 2022

Shrank 81% on revenue, weaker earnings, cash halved-plus

approved 2024-08-22; registry 2024-09-02; journal 2024 737615

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SOLBØ AS. Revenue 652.1k NOK → 124.6k NOK (-80.9%). Net result +4.34m NOK → +3 NOK. Equity 1.45m NOK → 73.6k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SOLBØ AS.

Scorecard

Revenue
652.1k NOK 124.6k NOK
-80.9%
Operating result
+342.1k NOK -792.0k NOK
-331.5%
Net result
+4.34m NOK +3 NOK
-100.0%
Equity
1.45m NOK 73.6k NOK
-94.9%
Cash
131.6k NOK 45.9k NOK
-65.1%
Total assets
1.67m NOK 354.4k NOK
-78.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 652.1k NOK to 124.6k NOK (-80.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +342.1k NOK → -792.0k NOK (op. margin 52.5% → -635.4%). Calculated

  • ↓

    Net result weakened

    Net result +4.34m NOK → +3 NOK (net margin 665.9% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.45m NOK → 73.6k NOK (equity ratio 86.9% → 20.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 131.6k NOK → 45.9k NOK (-65.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.30m NOK → 230.0k NOK. Reported fact