Org.nr 980 592 413 2022 → 2023 Year-over-year analysis

ADVOKAT BJØRN L G BRAATHEN AS: årsregnskap 2023 vs 2022

Grew 6% on revenue, weaker earnings

approved 2024-03-04; registry 2024-03-06; journal 2024 319978

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT BJØRN L G BRAATHEN AS. Revenue 129.8k NOK → 137.9k NOK (+6.3%). Net result -40.4k NOK → -66.7k NOK. Equity 237.3k NOK → 170.6k NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT BJØRN L G BRAATHEN AS.

Scorecard

Revenue
129.8k NOK 137.9k NOK
+6.3%
Operating result
-46.4k NOK -80.0k NOK
-72.2%
Net result
-40.4k NOK -66.7k NOK
-64.8%
Equity
237.3k NOK 170.6k NOK
-28.1%
Cash
333.2k NOK 338.0k NOK
+1.4%
Total assets
448.8k NOK 444.8k NOK
-0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 129.8k NOK to 137.9k NOK (+6.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 333.2k NOK → 338.0k NOK (+1.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -46.4k NOK → -80.0k NOK (op. margin -35.8% → -58.0%). Calculated

  • ↓

    Net result weakened

    Net result -40.4k NOK → -66.7k NOK (net margin -31.2% → -48.3%). Calculated

  • ↓

    Equity eroded

    Book equity 237.3k NOK → 170.6k NOK (equity ratio 52.9% → 38.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3 100 NOK → 25.3k NOK (+715.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.2. Reported fact