ADVOKAT KATHARINA ANGVIK HJELMAAS AS: årsregnskap 2023 vs 2022
Grew 14% on revenue, returned to profit
approved 2024-04-16; registry 2024-04-18; journal 2024 363656
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT KATHARINA ANGVIK HJELMAAS AS. Revenue 1.90m NOK → 2.16m NOK (+14.0%). Net result -161.7k NOK → +86.7k NOK. Equity 898.3k NOK → 985.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT KATHARINA ANGVIK HJELMAAS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.90m NOK to 2.16m NOK (+14.0% YoY). Calculated
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Operating result improved
Operating result -185.8k NOK → +69.2k NOK (op. margin -9.8% → 3.2%). Calculated
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Turned profitable
Net result flipped from a loss of 161.7k NOK to a profit of 86.7k NOK. Calculated
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Equity strengthened
Book equity 898.3k NOK → 985.0k NOK (equity ratio 48.1% → 55.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 308.0k NOK → 156.5k NOK (-49.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.58m NOK → 1.70m NOK (83% → 79% of revenue). Calculated
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COGS fell
COGS / varekostnad 7 559 NOK → 2 397 NOK (-68.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 1.07m NOK → 994.0k NOK. Reported fact