FirmaIQ
Org.nr 913 813 235 2022 → 2023 Year-over-year analysis

ADVOKATHUSET STAVANGER EIENDOM AS: årsregnskap 2023 vs 2022

Grew 8% on revenue, stronger earnings

approved 2024-06-25; registry 2024-07-17; journal 2024 648293

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATHUSET STAVANGER EIENDOM AS. Revenue 1.05m NOK → 1.13m NOK (+7.9%). Net result +381.8k NOK → +463.0k NOK. Equity 2.26m NOK → 2.73m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATHUSET STAVANGER EIENDOM AS.

At a glance

Scorecard

Revenue
1.05m NOK 1.13m NOK
+7.9%
Operating result
+757.4k NOK +814.8k NOK
+7.6%
Net result
+381.8k NOK +463.0k NOK
+21.3%
Equity
2.26m NOK 2.73m NOK
+20.5%
Cash
22.4k NOK 233.5k NOK
+942.1%
Total assets
7.71m NOK 7.70m NOK
-0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.05m NOK to 1.13m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +757.4k NOK → +814.8k NOK (op. margin 72.4% → 72.2%). Calculated

  • ↑

    Net result improved

    Net result +381.8k NOK → +463.0k NOK (net margin 36.5% → 41.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.26m NOK → 2.73m NOK (equity ratio 29.4% → 35.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.4k NOK → 233.5k NOK (+942.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.33× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 471.7k NOK → 919.8k NOK. Reported fact