Org.nr 929 562 909 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET STINE RIGMOR GRIMSTAD AS: årsregnskap 2023 vs 2022

Shrank 19% on revenue, weaker earnings

approved 2024-03-14; registry 2024-05-04; journal 2024 392918

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET STINE RIGMOR GRIMSTAD AS. Revenue 738.9k NOK → 602.0k NOK (-18.5%). Net result +275.2k NOK → +37.2k NOK. Equity 180.2k NOK → 217.4k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
738.9k NOK 602.0k NOK
-18.5%
Operating result
+352.8k NOK +58.6k NOK
-83.4%
Net result
+275.2k NOK +37.2k NOK
-86.5%
Equity
180.2k NOK 217.4k NOK
+20.7%
Cash
268.3k NOK 182.1k NOK
-32.1%
Total assets
573.2k NOK 613.4k NOK
+7.0%

What improved

  • ↑

    Equity strengthened

    Book equity 180.2k NOK → 217.4k NOK (equity ratio 31.4% → 35.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 738.9k NOK to 602.0k NOK (-18.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +352.8k NOK → +58.6k NOK (op. margin 47.7% → 9.7%). Calculated

  • ↓

    Net result weakened

    Net result +275.2k NOK → +37.2k NOK (net margin 37.2% → 6.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 268.3k NOK → 182.1k NOK (-32.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1 852 NOK → 14.6k NOK (+688.9% YoY). Calculated