Org.nr 986 395 253 2022 → 2023 Year-over-year analysis

ADVOKAT IVAR BLIKRA AS: årsregnskap 2023 vs 2022

Grew 30% on revenue, stronger earnings

approved 2024-04-25; registry 2024-04-29; journal 2024 381539

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT IVAR BLIKRA AS. Revenue 1.91m NOK → 2.48m NOK (+29.6%). Net result +2.12m NOK → +2.67m NOK. Equity 6.66m NOK → 9.33m NOK.

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

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

Scorecard

Revenue
1.91m NOK 2.48m NOK
+29.6%
Operating result
+864.4k NOK +1 195 NOK
-99.9%
Net result
+2.12m NOK +2.67m NOK
+26.2%
Equity
6.66m NOK 9.33m NOK
+40.2%
Cash
201.6k NOK 653.1k NOK
+224.0%
Total assets
7.98m NOK 9.92m NOK
+24.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.91m NOK to 2.48m NOK (+29.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.12m NOK → +2.67m NOK (net margin 111.0% → 108.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.66m NOK → 9.33m NOK (equity ratio 83.4% → 94.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 201.6k NOK → 653.1k NOK (+224.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +864.4k NOK → +1 195 NOK (op. margin 45.3% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.84m NOK → 2.97m NOK (149% → 120% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 50.0k NOK → 37.9k NOK. Reported fact