FirmaIQ
Org.nr 823 757 832 2022 → 2023 Year-over-year analysis

ADVOKAT HOVDA AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-26; registry 2024-05-02; journal 2024 388523

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT HOVDA AS. Revenue 2.17m NOK → 2.27m NOK (+4.7%). Net result +252.8k NOK → +2 103 NOK. Equity 415.8k NOK → 417.9k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HOVDA AS.

At a glance

Scorecard

Revenue
2.17m NOK 2.27m NOK
+4.7%
Operating result
+325.0k NOK +2 489 NOK
-99.2%
Net result
+252.8k NOK +2 103 NOK
-99.2%
Equity
415.8k NOK 417.9k NOK
+0.5%
Cash
277.1k NOK 372.74m NOK
+134434.8%
Total assets
850.9k NOK 901.9k NOK
+6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.17m NOK to 2.27m NOK (+4.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 415.8k NOK → 417.9k NOK (equity ratio 48.9% → 46.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 277.1k NOK → 372.74m NOK (+134434.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +325.0k NOK → +2 489 NOK (op. margin 15.0% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +252.8k NOK → +2 103 NOK (net margin 11.6% → 0.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.39m NOK → 1.71m NOK (64% → 75% of revenue). Calculated