Org.nr 913 010 302 2022 → 2023 Year-over-year analysis

ADVOKAT JOHN HEITMANN AS: årsregnskap 2023 vs 2022

Shrank 10% on revenue, weaker earnings

approved 2024-04-22; registry 2024-04-25; journal 2024 376320

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT JOHN HEITMANN AS. Revenue 1.97m NOK → 1.78m NOK (-9.8%). Net result +1.24m NOK → +962.7k NOK. Equity 2.19m NOK → 2.16m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.97m NOK 1.78m NOK
-9.8%
Operating result
+1.58m NOK +1.24m NOK
-21.4%
Net result
+1.24m NOK +962.7k NOK
-22.1%
Equity
2.19m NOK 2.16m NOK
-1.7%
Cash
1.52m NOK 1.07m NOK
-29.7%
Total assets
3.80m NOK 3.68m NOK
-3.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.97m NOK to 1.78m NOK (-9.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.58m NOK → +1.24m NOK (op. margin 80.2% → 69.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.24m NOK → +962.7k NOK (net margin 62.8% → 54.2%). Calculated

  • ↓

    Equity eroded

    Book equity 2.19m NOK → 2.16m NOK (equity ratio 57.7% → 58.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.52m NOK → 1.07m NOK (-29.7% YoY). Calculated