ADVOKATFIRMAET WENGER AS: årsregnskap 2023 vs 2022
Shrank 29% on revenue, stronger earnings
approved 2024-04-29; registry 2024-05-02; journal 2024 387732
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET WENGER AS. Revenue 967.1k NOK → 687.2k NOK (-28.9%). Net result +45.3k NOK → +666.2k NOK. Equity 337.0k NOK → 943.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +61.2k NOK → +862.7k NOK (op. margin 6.3% → 125.5%). Calculated
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↑
Net result improved
Net result +45.3k NOK → +666.2k NOK (net margin 4.7% → 96.9%). Calculated
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↑
Equity strengthened
Book equity 337.0k NOK → 943.1k NOK (equity ratio 36.0% → 146.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 967.1k NOK to 687.2k NOK (-28.9% YoY). Calculated
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↓
Cash fell
Bank deposits 691.1k NOK → 508.7k NOK (-26.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.56× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 2 786 NOK → 539.1k NOK (0% → 78% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 0 NOK → 91.0k NOK (None YoY). Calculated