FirmaIQ
Org.nr 920 234 798 2022 → 2023 Year-over-year analysis

ADVOKATKONTORET NORDENFJELDSKE AS: årsregnskap 2023 vs 2022

Shrank 13% on revenue, slipped into loss

approved 2024-04-25; registry 2024-05-27; journal 2024 381967

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATKONTORET NORDENFJELDSKE AS. Revenue 1.81m NOK → 1.57m NOK (-13.4%). Net result +3.22m NOK → -155.7k NOK. Equity 3.30m NOK → 140.5k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATKONTORET NORDENFJELDSKE AS.

At a glance

Scorecard

Revenue
1.81m NOK 1.57m NOK
-13.4%
Operating result
+255.0k NOK -156.3k NOK
-161.3%
Net result
+3.22m NOK -155.7k NOK
-104.8%
Equity
3.30m NOK 140.5k NOK
-95.7%
Cash
176.2k NOK 157.8k NOK
-10.5%
Total assets
495.1k NOK 261.2k NOK
-47.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 502.2k NOK → 486.0k NOK (28% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 1.57m NOK (-13.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +255.0k NOK → -156.3k NOK (op. margin 14.1% → -10.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.22m NOK profit to a loss of 155.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.30m NOK → 140.5k NOK (equity ratio 665.7% → 53.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 176.2k NOK → 157.8k NOK (-10.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 145.3k NOK → 27.6k NOK (-81.0% YoY). Calculated