ADVOKATHOLDING TVETER AS: årsregnskap 2023 vs 2022
Grew 101849% on revenue, stronger earnings, cash halved-plus
approved 2024-04-04; registry 2024-04-11; journal 2024 352882
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATHOLDING TVETER AS. Revenue 237 NOK → 241.6k NOK (+101849.4%). Net result -52.7k NOK → -9 868 NOK. Equity 3.96m NOK → 3.95m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATHOLDING TVETER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 237 NOK to 241.6k NOK (+101849.4% YoY). Calculated
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↑
Operating result improved
Operating result +61.2k NOK → +78.7k NOK (op. margin 25819.4% → 32.6%). Calculated
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↑
Net result improved
Net result -52.7k NOK → -9 868 NOK (net margin -22252.7% → -4.1%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.96m NOK → 3.95m NOK (equity ratio 55.0% → 64.4%). Calculated
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↓
Cash fell
Bank deposits 1.13m NOK → 173.6k NOK (-84.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 11.86× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.13m NOK → 173.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation