ADVOKATFIRMAET STIG NILSEN AS: årsregnskap 2023 vs 2022
Grew 7% on revenue, slipped into loss
approved 2024-04-26; registry 2024-05-02; journal 2024 387085
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET STIG NILSEN AS. Revenue 2.40m NOK → 2.56m NOK (+7.0%). Net result +4.10m NOK → -711.2k NOK. Equity 734.0k NOK → 22.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET STIG NILSEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.40m NOK to 2.56m NOK (+7.0% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +114.1k NOK → -688.6k NOK (op. margin 4.8% → -26.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 4.10m NOK profit to a loss of 711.2k NOK. Calculated
-
↓
Equity eroded
Book equity 734.0k NOK → 22.8k NOK (equity ratio 35.0% → 1.7%). Calculated
-
↓
Cash fell
Bank deposits 339.8k NOK → 241.3k NOK (-29.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.66× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1.44m NOK → 2.43m NOK (60% → 95% of revenue). Calculated