Org.nr 920 239 811 2022 → 2023 Year-over-year analysis

ADVOKAT ELI ANNE TANBERG FINNE AS: årsregnskap 2023 vs 2022

Grew 40% on revenue, weaker earnings

registry 2024-05-28; journal 2024 389278

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT ELI ANNE TANBERG FINNE AS. Revenue 1.92m NOK → 2.69m NOK (+40.1%). Net result +3.17m NOK → +639.0k NOK. Equity 1.04m NOK → 1.68m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT ELI ANNE TANBERG FINNE AS.

Scorecard

Revenue
1.92m NOK 2.69m NOK
+40.1%
Operating result
+232.8k NOK +821.4k NOK
+252.9%
Net result
+3.17m NOK +639.0k NOK
-79.9%
Equity
1.04m NOK 1.68m NOK
+61.6%
Cash
27.8k NOK 512.5k NOK
+1743.9%
Total assets
1.67m NOK 2.19m NOK
+31.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.92m NOK to 2.69m NOK (+40.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +232.8k NOK → +821.4k NOK (op. margin 12.1% → 30.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.04m NOK → 1.68m NOK (equity ratio 62.1% → 76.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 27.8k NOK → 512.5k NOK (+1743.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.17m NOK → +639.0k NOK (net margin 165.7% → 23.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.07m NOK → 1.27m NOK (56% → 47% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 68.9k NOK → 45.9k NOK (-33.3% YoY). Calculated