Org.nr 995 267 705 2022 → 2023 Year-over-year analysis

ADVOKAT LARS HAUGEN AS: årsregnskap 2023 vs 2022

Grew 59% on revenue

registry 2024-04-30; journal 2024 384873

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT LARS HAUGEN AS. Revenue 223.7k NOK → 355.2k NOK (+58.7%). Equity 3.10m NOK → 193.2k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT LARS HAUGEN AS.

Scorecard

Revenue
223.7k NOK 355.2k NOK
+58.7%
Operating result
+41.0k NOK +88.9k NOK
+116.8%
Net result
+40.0k NOK n/m
—
Equity
3.10m NOK 193.2k NOK
-93.8%
Cash
42.9k NOK 134.5k NOK
+213.5%
Total assets
127.3k NOK 230.7k NOK
+81.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 223.7k NOK to 355.2k NOK (+58.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +41.0k NOK → +88.9k NOK (op. margin 18.3% → 25.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 42.9k NOK → 134.5k NOK (+213.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.10m NOK → 193.2k NOK (equity ratio 2438.9% → 83.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 31.2k NOK → 2.13m NOK (14% → 600% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1 489 NOK → 31.1k NOK (+1988.6% YoY). Calculated