Org.nr 912 190 013 2022 → 2023 Year-over-year analysis

ADVOKAT BIRGIT VINNES AS: årsregnskap 2023 vs 2022

Grew 18% on revenue, stronger earnings

approved 2024-03-07; registry 2024-03-16; journal 2024 328226

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT BIRGIT VINNES AS. Revenue 1.51m NOK → 1.78m NOK (+18.2%). Net result +237.2k NOK → +409.9k NOK. Equity 270.2k NOK → 380.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT BIRGIT VINNES AS.

Scorecard

Revenue
1.51m NOK 1.78m NOK
+18.2%
Operating result
+305.2k NOK +526.1k NOK
+72.4%
Net result
+237.2k NOK +409.9k NOK
+72.8%
Equity
270.2k NOK 380.1k NOK
+40.7%
Cash
353.0k NOK 332.5k NOK
-5.8%
Total assets
809.67m NOK 975.8k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.51m NOK to 1.78m NOK (+18.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +305.2k NOK → +526.1k NOK (op. margin 20.3% → 29.6%). Calculated

  • ↑

    Net result improved

    Net result +237.2k NOK → +409.9k NOK (net margin 15.8% → 23.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 270.2k NOK → 380.1k NOK (equity ratio 0.0% → 39.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 353.0k NOK → 332.5k NOK (-5.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 849.1k NOK → 874.9k NOK (56% → 49% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 49.0k NOK → 370 NOK. Reported fact