Org.nr 912 184 722 2022 → 2023 Year-over-year analysis

ADVOKATHUSET HARSTAD AS: årsregnskap 2023 vs 2022

Shrank 11% on revenue, weaker earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 391338

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATHUSET HARSTAD AS. Revenue 4.21m NOK → 3.75m NOK (-10.8%). Net result -1 836 NOK → -22.0k NOK. Equity 816.6k NOK → 34.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATHUSET HARSTAD AS.

Scorecard

Revenue
4.21m NOK 3.75m NOK
-10.8%
Operating result
-1 883 NOK -28.4k NOK
-1407.2%
Net result
-1 836 NOK -22.0k NOK
-1100.9%
Equity
816.6k NOK 34.5k NOK
-95.8%
Cash
1.36m NOK 1.05m NOK
-22.8%
Total assets
2.03m NOK 1.90m NOK
-6.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.05m NOK → 2.45m NOK (72% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.21m NOK to 3.75m NOK (-10.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1 883 NOK → -28.4k NOK (op. margin -0.0% → -0.8%). Calculated

  • ↓

    Net result weakened

    Net result -1 836 NOK → -22.0k NOK (net margin -0.0% → -0.6%). Calculated

  • ↓

    Equity eroded

    Book equity 816.6k NOK → 34.5k NOK (equity ratio 40.2% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.36m NOK → 1.05m NOK (-22.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 3. Reported fact