Org.nr 923 065 490 2022 → 2023 Year-over-year analysis

ADVOKAT GUNNAR ANGAARD AS: årsregnskap 2023 vs 2022

Grew 17% on revenue, stronger earnings

approved 2024-04-25; registry 2024-04-29; journal 2024 381721

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT GUNNAR ANGAARD AS. Revenue 2.88m NOK → 3.36m NOK (+16.7%). Net result +40.4k NOK → +1.28m NOK. Equity 2.26m NOK → 1.54m NOK.

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

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

Scorecard

Revenue
2.88m NOK 3.36m NOK
+16.7%
Operating result
+1.33m NOK +1.65m NOK
+23.9%
Net result
+40.4k NOK +1.28m NOK
+3070.1%
Equity
2.26m NOK 1.54m NOK
-31.9%
Cash
2.52m NOK 1.65m NOK
-34.7%
Total assets
3.17m NOK 4.28m NOK
+34.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.88m NOK to 3.36m NOK (+16.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.33m NOK → +1.65m NOK (op. margin 46.1% → 48.9%). Calculated

  • ↑

    Net result improved

    Net result +40.4k NOK → +1.28m NOK (net margin 1.4% → 38.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.26m NOK → 1.54m NOK (equity ratio 71.2% → 36.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.52m NOK → 1.65m NOK (-34.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 121 NOK → 1.21m NOK (0% → 36% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5 000 NOK → 1 650 NOK. Reported fact