Org.nr 999 303 226 2022 → 2023 Year-over-year analysis

ADVOKATKOLLEGIUM AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-01-23; registry 2024-01-30; journal 2024 302923

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATKOLLEGIUM AS. Revenue 3.72m NOK → 3.76m NOK (+1.1%). Net result +1 433 NOK → -239 NOK. Equity 25.4k NOK → 25.2k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATKOLLEGIUM AS.

Scorecard

Revenue
3.72m NOK 3.76m NOK
+1.1%
Operating result
+1 432 NOK -2 334 NOK
-263.0%
Net result
+1 433 NOK -239 NOK
-116.7%
Equity
25.4k NOK 25.2k NOK
-0.9%
Cash
347.4k NOK 517.4k NOK
+48.9%
Total assets
514.7k NOK 577.7k NOK
+12.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.72m NOK to 3.76m NOK (+1.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 347.4k NOK → 517.4k NOK (+48.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.39m NOK → 2.33m NOK (64% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1 432 NOK → -2 334 NOK (op. margin 0.0% → -0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1 433 NOK profit to a loss of 239 NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation