FirmaIQ
Org.nr 928 330 648 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET STENSTRØM AS: årsregnskap 2023 vs 2022

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2024-04-24; registry 2024-05-04; journal 2024 390026

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET STENSTRØM AS. Revenue 2.93m NOK → 3.17m NOK (+8.4%). Net result +900.0k NOK → +582.3k NOK. Equity 924.4k NOK → 506.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET STENSTRØM AS.

At a glance

Scorecard

Revenue
2.93m NOK 3.17m NOK
+8.4%
Operating result
+1.15m NOK +750.4k NOK
-35.0%
Net result
+900.0k NOK +582.3k NOK
-35.3%
Equity
924.4k NOK 506.7k NOK
-45.2%
Cash
695.5k NOK 38.6k NOK
-94.4%
Total assets
1.50m NOK 2.37m NOK
+58.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.93m NOK to 3.17m NOK (+8.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.15m NOK → +750.4k NOK (op. margin 39.4% → 23.7%). Calculated

  • ↓

    Net result weakened

    Net result +900.0k NOK → +582.3k NOK (net margin 30.7% → 18.4%). Calculated

  • ↓

    Equity eroded

    Book equity 924.4k NOK → 506.7k NOK (equity ratio 61.7% → 21.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 695.5k NOK → 38.6k NOK (-94.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 63.6k NOK → 132.3k NOK (+108.1% YoY). Calculated