ADVOKAT ESPEN SIMONSEN AS: årsregnskap 2023 vs 2022
Grew 33% on revenue, weaker earnings
registry 2024-01-29; journal 2024 302799
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT ESPEN SIMONSEN AS. Revenue 2.64m NOK → 3.51m NOK (+32.9%). Net result +74.6k NOK → +36.7k NOK. Equity 1.44m NOK → 1.27m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT ESPEN SIMONSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.64m NOK to 3.51m NOK (+32.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +87.5k NOK → +12.4k NOK (op. margin 3.3% → 0.4%). Calculated
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↓
Net result weakened
Net result +74.6k NOK → +36.7k NOK (net margin 2.8% → 1.0%). Calculated
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↓
Equity eroded
Book equity 1.44m NOK → 1.27m NOK (equity ratio 69.3% → 66.2%). Calculated
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↓
Cash fell
Bank deposits 979.0k NOK → 761.7k NOK (-22.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.02m NOK → 2.90m NOK (76% → 82% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 1.3. Reported fact