Org.nr 924 455 977 2022 → 2023 Year-over-year analysis

ADVOKATHUSET JUSTISIA AS: årsregnskap 2023 vs 2022

Shrank 32% on revenue, returned to profit

approved 2024-04-04; registry 2024-04-11; journal 2024 352590

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATHUSET JUSTISIA AS. Revenue 4.04m NOK → 2.76m NOK (-31.7%). Net result -153.9k NOK → +80.3k NOK. Equity 543.6k NOK → 623.8k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATHUSET JUSTISIA AS.

Scorecard

Revenue
4.04m NOK 2.76m NOK
-31.7%
Operating result
-154.8k NOK +78.2k NOK
+150.5%
Net result
-153.9k NOK +80.3k NOK
+152.1%
Equity
543.6k NOK 623.8k NOK
+14.8%
Cash
332.6k NOK 615.6k NOK
+85.1%
Total assets
1.73m NOK 1.70m NOK
-1.6%

What improved

  • ↑

    Operating result improved

    Operating result -154.8k NOK → +78.2k NOK (op. margin -3.8% → 2.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 153.9k NOK to a profit of 80.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 543.6k NOK → 623.8k NOK (equity ratio 31.4% → 36.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 332.6k NOK → 615.6k NOK (+85.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.91m NOK → 1.90m NOK (72% → 69% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.04m NOK to 2.76m NOK (-31.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 292.7k NOK → 11.8k NOK (-96.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 98.2k NOK → 99.2k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4.5 → 2. Reported fact