Org.nr 812 015 362 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET STEINSVIK AS: årsregnskap 2023 vs 2022

Shrank 21% on revenue, weaker earnings

approved 2024-05-21; registry 2024-05-27; journal 2024 445230

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET STEINSVIK AS. Revenue 2.78m NOK → 2.19m NOK (-21.3%). Net result +5.23m NOK → +574.2k NOK. Equity 59.4k NOK → 6.53m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.

Net constructive year on the published lines.

Scorecard

Revenue
2.78m NOK 2.19m NOK
-21.3%
Operating result
+227.1k NOK +570.6k NOK
+151.2%
Net result
+5.23m NOK +574.2k NOK
-89.0%
Equity
59.4k NOK 6.53m NOK
+10896.9%
Cash
195.1k NOK 470.0k NOK
+140.9%
Total assets
507.8k NOK 934.6k NOK
+84.0%

What improved

  • ↑

    Operating result improved

    Operating result +227.1k NOK → +570.6k NOK (op. margin 8.2% → 26.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 59.4k NOK → 6.53m NOK (equity ratio 11.7% → 699.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 195.1k NOK → 470.0k NOK (+140.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.81m NOK → 1.07m NOK (65% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.78m NOK to 2.19m NOK (-21.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +5.23m NOK → +574.2k NOK (net margin 187.7% → 26.2%). Calculated