Org.nr 915 965 091 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET TORSTRUP AS: årsregnskap 2023 vs 2022

Shrank 25% on revenue, stronger earnings

approved 2024-04-24; registry 2024-05-02; journal 2024 387495

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET TORSTRUP AS. Revenue 23.29m NOK → 17.39m NOK (-25.4%). Net result +73.7k NOK → +1.11m NOK. Equity 3.33m NOK → 2.86m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET TORSTRUP AS.

Scorecard

Revenue
23.29m NOK 17.39m NOK
-25.4%
Operating result
+443.8k NOK +1.42m NOK
+219.4%
Net result
+73.7k NOK +1.11m NOK
+1405.3%
Equity
3.33m NOK 2.86m NOK
-14.2%
Cash
1.93m NOK 1.45m NOK
-25.0%
Total assets
9.10m NOK 6.73m NOK
-26.1%

What improved

  • ↑

    Operating result improved

    Operating result +443.8k NOK → +1.42m NOK (op. margin 1.9% → 8.2%). Calculated

  • ↑

    Net result improved

    Net result +73.7k NOK → +1.11m NOK (net margin 0.3% → 6.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.29m NOK to 17.39m NOK (-25.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.33m NOK → 2.86m NOK (equity ratio 36.6% → 42.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.93m NOK → 1.45m NOK (-25.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 217.0k NOK → 137.2k NOK (-36.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 15 → 8. Reported fact