Org.nr 989 972 413 2022 → 2023 Year-over-year analysis

ADVOKAT HARALD HEGGEN BRØRBY AS: årsregnskap 2023 vs 2022

Shrank 12% on revenue, weaker earnings

approved 2024-04-30; registry 2024-06-04; journal 2024 484917

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT HARALD HEGGEN BRØRBY AS. Revenue 5.09m NOK → 4.46m NOK (-12.4%). Net result +1.24m NOK → +730.9k NOK. Equity 306.0k NOK → 286.8k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
5.09m NOK 4.46m NOK
-12.4%
Operating result
+1.62m NOK +1.00m NOK
-38.0%
Net result
+1.24m NOK +730.9k NOK
-41.3%
Equity
306.0k NOK 286.8k NOK
-6.3%
Cash
1.44m NOK 5.67m NOK
+294.0%
Total assets
4.17m NOK 3.19m NOK
-23.6%

What improved

  • ↑

    Cash rose

    Bank deposits 1.44m NOK → 5.67m NOK (+294.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.09m NOK to 4.46m NOK (-12.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.62m NOK → +1.00m NOK (op. margin 31.8% → 22.5%). Calculated

  • ↓

    Net result weakened

    Net result +1.24m NOK → +730.9k NOK (net margin 24.4% → 16.4%). Calculated

  • ↓

    Equity eroded

    Book equity 306.0k NOK → 286.8k NOK (equity ratio 7.3% → 9.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.17m NOK → 2.18m NOK (43% → 49% of revenue). Calculated