Org.nr 917 334 110 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET TVETER OG KLØVFJELL AS: årsregnskap 2023 vs 2022

Shrank 14% on revenue, slipped into loss, cash halved-plus

approved 2024-04-30; registry 2024-05-04; journal 2024 391880

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET TVETER OG KLØVFJELL AS. Revenue 17.77m NOK → 15.28m NOK (-14.0%). Net result +1.74m NOK → -2.95m NOK. Equity 4.52m NOK → 1.57m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET TVETER OG KLØVFJELL AS.

Scorecard

Revenue
17.77m NOK 15.28m NOK
-14.0%
Operating result
+383.3k NOK -4.07m NOK
-1161.5%
Net result
+1.74m NOK -2.95m NOK
-269.8%
Equity
4.52m NOK 1.57m NOK
-65.2%
Cash
2.82m NOK 1.27m NOK
-55.0%
Total assets
8.45m NOK 4.86m NOK
-42.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.77m NOK to 15.28m NOK (-14.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +383.3k NOK → -4.07m NOK (op. margin 2.2% → -26.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.74m NOK profit to a loss of 2.95m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.52m NOK → 1.57m NOK (equity ratio 53.4% → 32.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.82m NOK → 1.27m NOK (-55.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 313.0k NOK → 1 676 NOK (-99.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.4k NOK → 8 451 NOK. Reported fact