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Org.nr 985 567 247 2022 → 2023 Year-over-year analysis

ADVOKAT HANS HENRIK PETTERSEN AS: årsregnskap 2023 vs 2022

Grew 12% on revenue

approved 2024-04-26; registry 2024-05-04; journal 2024 392103

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT HANS HENRIK PETTERSEN AS. Revenue 2.06m NOK → 2.30m NOK (+11.6%). Net result +577.4k NOK → +482.8k NOK. Equity 184.2k NOK → 1.45m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT HANS HENRIK PETTERSEN AS.

At a glance

Scorecard

Revenue
2.06m NOK 2.30m NOK
+11.6%
Operating result
+738.5k NOK +615.5k NOK
-16.6%
Net result
+577.4k NOK +482.8k NOK
-16.4%
Equity
184.2k NOK 1.45m NOK
+685.2%
Cash
674.4k NOK 827.2k NOK
+22.7%
Total assets
1.56m NOK 2.20m NOK
+41.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.06m NOK to 2.30m NOK (+11.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 184.2k NOK → 1.45m NOK (equity ratio 11.8% → 65.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 674.4k NOK → 827.2k NOK (+22.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.93m NOK → 2 NOK (142% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +738.5k NOK → +615.5k NOK (op. margin 35.8% → 26.8%). Calculated

  • ↓

    Net result weakened

    Net result +577.4k NOK → +482.8k NOK (net margin 28.0% → 21.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 25.7k NOK → 74.2k NOK (+189.3% YoY). Calculated