ADVOKATKONTORET SUNNHORDLAND AS: årsregnskap 2023 vs 2022
Shrank 13% on revenue, stronger earnings
registry 2024-07-06; journal 2024 613606
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATKONTORET SUNNHORDLAND AS. Revenue 1.80m NOK → 1.56m NOK (-13.0%). Net result +16.3k NOK → +37.6k NOK. Equity -87.9k NOK → -50.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATKONTORET SUNNHORDLAND AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +16.3k NOK → +38.0k NOK (op. margin 0.9% → 2.4%). Calculated
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Net result improved
Net result +16.3k NOK → +37.6k NOK (net margin 0.9% → 2.4%). Calculated
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Equity strengthened
Book equity -87.9k NOK → -50.4k NOK (equity ratio -54.5% → -68.5%). Calculated
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Cash rose
Bank deposits 63.3k NOK → 70.9k NOK (+11.9% YoY). Calculated
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Payroll decreased
Salary cost 994.7k NOK → 748.0k NOK (55% → 48% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.80m NOK to 1.56m NOK (-13.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -68.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation