Org.nr 924 526 777 2022 → 2023 Year-over-year analysis

ADVOKATSELSKAPET HOAAS AS: årsregnskap 2023 vs 2022

Grew 48488% on revenue, slipped into loss

approved 2024-04-29; registry 2024-05-02; journal 2024 386007

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATSELSKAPET HOAAS AS. Revenue 1.12m NOK → 545.11m NOK (+48487.8%). Net result +55.8k NOK → -164.4k NOK. Equity 221.2k NOK → 56.8k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.12m NOK 545.11m NOK
+48487.8%
Operating result
+91.1k NOK -135.5k NOK
-248.9%
Net result
+55.8k NOK -164.4k NOK
-394.8%
Equity
221.2k NOK 56.8k NOK
-74.3%
Cash
24.6k NOK 27.7k NOK
+12.7%
Total assets
605.8k NOK 521.9k NOK
-13.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.12m NOK to 545.11m NOK (+48487.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 24.6k NOK → 27.7k NOK (+12.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.52m NOK → 703.8k NOK (135% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +91.1k NOK → -135.5k NOK (op. margin 8.1% → -0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 55.8k NOK profit to a loss of 164.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 221.2k NOK → 56.8k NOK (equity ratio 36.5% → 10.9%). Calculated