Org.nr 966 370 505 2022 → 2023 Year-over-year analysis

ADVOKATKOLLEGIET KINDEM & CO AS: årsregnskap 2023 vs 2022

Shrank 32% on revenue, weaker earnings, cash halved-plus

registry 2024-08-03; journal 2024 706635

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATKOLLEGIET KINDEM & CO AS. Revenue 3.08m NOK → 2.11m NOK (-31.7%). Net result -494.5k NOK → -749.5k NOK. Equity 4.75m NOK → 2 001 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATKOLLEGIET KINDEM & CO AS.

Scorecard

Revenue
3.08m NOK 2.11m NOK
-31.7%
Operating result
-354.7k NOK -755.9k NOK
-113.1%
Net result
-494.5k NOK -749.5k NOK
-51.6%
Equity
4.75m NOK 2 001 NOK
-100.0%
Cash
825.6k NOK 7 391 NOK
-99.1%
Total assets
992.9k NOK 6 965 NOK
-99.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.08m NOK to 2.11m NOK (-31.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -354.7k NOK → -755.9k NOK (op. margin -11.5% → -35.9%). Calculated

  • ↓

    Net result weakened

    Net result -494.5k NOK → -749.5k NOK (net margin -16.0% → -35.6%). Calculated

  • ↓

    Equity eroded

    Book equity 4.75m NOK → 2 001 NOK (equity ratio 478.6% → 28.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 825.6k NOK → 7 391 NOK (-99.1% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact