ADVOKAT GRO ARNESEN FREMSTAD AS: årsregnskap 2023 vs 2022
Grew 43% on revenue, stronger earnings
approved 2024-04-25; registry 2024-05-02; journal 2024 386557
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT GRO ARNESEN FREMSTAD AS. Revenue 2.64m NOK → 3.77m NOK (+42.6%). Net result +6 674 NOK → +1.80m NOK. Equity 65.9k NOK → 1.87m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT GRO ARNESEN FREMSTAD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.64m NOK to 3.77m NOK (+42.6% YoY). Calculated
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Operating result improved
Operating result +292.8k NOK → +2.31m NOK (op. margin 11.1% → 61.2%). Calculated
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Net result improved
Net result +6 674 NOK → +1.80m NOK (net margin 0.3% → 47.9%). Calculated
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Equity strengthened
Book equity 65.9k NOK → 1.87m NOK (equity ratio 3.8% → 67.0%). Calculated
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Cash rose
Bank deposits 28.4k NOK → 2.06m NOK (+7144.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.02m NOK → 1.09m NOK (38% → 29% of revenue). Calculated
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COGS fell
COGS / varekostnad 15.2k NOK → 2 478 NOK (-83.7% YoY). Calculated