ADVOKATFORUM OSLO AS: årsregnskap 2023 vs 2022
Grew 20% on revenue, returned to profit
approved 2024-06-19; registry 2024-06-27; journal 2024 560262
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFORUM OSLO AS. Revenue 1.55m NOK → 1.86m NOK (+19.9%). Net result -127.7k NOK → +61.5k NOK. Equity -28.4k NOK → 33.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFORUM OSLO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.55m NOK to 1.86m NOK (+19.9% YoY). Calculated
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↑
Operating result improved
Operating result -127.4k NOK → +61.5k NOK (op. margin -8.2% → 3.3%). Calculated
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Turned profitable
Net result flipped from a loss of 127.7k NOK to a profit of 61.5k NOK. Calculated
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Equity strengthened
Book equity -28.4k NOK → 33.1k NOK (equity ratio -9.7% → 8.3%). Calculated
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Current ratio back above 1×
Current ratio 0.91× → 1.09×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 97.0k NOK → 51.0k NOK (-47.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 280.5k NOK → 338.8k NOK (18% → 18% of revenue). Calculated