FirmaIQ
Org.nr 998 877 636 2022 → 2023 Year-over-year analysis

ADVISO ADVOKATFIRMA AS: årsregnskap 2023 vs 2022

Grew 26% on revenue, stronger earnings

approved 2024-03-25; registry 2024-04-06; journal 2024 345924

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVISO ADVOKATFIRMA AS. Revenue 29.25m NOK → 36.81m NOK (+25.8%). Net result +4.33m NOK → +8.72m NOK. Equity 5.62m NOK → 1.04m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVISO ADVOKATFIRMA AS.

At a glance

Scorecard

Revenue
29.25m NOK 36.81m NOK
+25.8%
Operating result
+5.71m NOK +11.06m NOK
+93.6%
Net result
+4.33m NOK +8.72m NOK
+101.2%
Equity
5.62m NOK 1.04m NOK
-81.5%
Cash
4.16m NOK 6.74m NOK
+61.8%
Total assets
11.01m NOK 18.32m NOK
+66.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.25m NOK to 36.81m NOK (+25.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.71m NOK → +11.06m NOK (op. margin 19.5% → 30.0%). Calculated

  • ↑

    Net result improved

    Net result +4.33m NOK → +8.72m NOK (net margin 14.8% → 23.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.16m NOK → 6.74m NOK (+61.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.62m NOK → 1.04m NOK (equity ratio 51.0% → 5.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 17.54m NOK → 19.95m NOK (60% → 54% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 14 → 15. Reported fact