FirmaIQ
Org.nr 925 963 488 2022 → 2023 Year-over-year analysis

ADVOKAT JONNY SVEEN AS: årsregnskap 2023 vs 2022

Grew 25% on revenue, weaker earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 389682

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT JONNY SVEEN AS. Revenue 3.04m NOK → 3.81m NOK (+25.3%). Net result +993.8k NOK → +530.9k NOK. Equity 278.5k NOK → 309.4k NOK.

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

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

At a glance

Scorecard

Revenue
3.04m NOK 3.81m NOK
+25.3%
Operating result
+1.28m NOK +1.96m NOK
+54.0%
Net result
+993.8k NOK +530.9k NOK
-46.6%
Equity
278.5k NOK 309.4k NOK
+11.1%
Cash
1.73m NOK 1.94m NOK
+11.8%
Total assets
2.12m NOK 2.60m NOK
+22.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.04m NOK to 3.81m NOK (+25.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.28m NOK → +1.96m NOK (op. margin 41.9% → 51.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 278.5k NOK → 309.4k NOK (equity ratio 13.1% → 11.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.73m NOK → 1.94m NOK (+11.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +993.8k NOK → +530.9k NOK (net margin 32.6% → 13.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.02m NOK → 3.00m NOK (33% → 79% of revenue). Calculated