AGP ADVOKATER AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus, fresh owner capital
approved 2024-04-29; registry 2024-05-02; journal 2024 386464
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGP ADVOKATER AS. Revenue 62.67m NOK → 61.97m NOK (-1.1%). Net result +2.00m NOK → +1.00m NOK. Equity 1 000 NOK → 1.20m NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGP ADVOKATER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1 000 NOK → 1.20m NOK (equity ratio 0.0% → 5.5%). Calculated
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↑
Owners injected capital
Paid-in equity rose 900 NOK → 1.20m NOK (+1.20m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 62.67m NOK to 61.97m NOK (-1.1% YoY). Calculated
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↓
Operating result weakened
Operating result +34.82m NOK → +19.82m NOK (op. margin 55.6% → 32.0%). Calculated
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↓
Net result weakened
Net result +2.00m NOK → +1.00m NOK (net margin 3.2% → 1.6%). Calculated
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↓
Cash fell
Bank deposits 15.88m NOK → 5.71m NOK (-64.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 17.65m NOK → 27.42m NOK (28% → 44% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (15.88m NOK → 5.71m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 465.8k NOK → 1 186 NOK (-99.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 17 → 19. Reported fact