FirmaIQ
Org.nr 922 949 646 2022 → 2023 Year-over-year analysis

ADVOKAT LINE GULBRANDSEN AS: årsregnskap 2023 vs 2022

Grew 13% on revenue, weaker earnings

approved 2024-04-12; registry 2024-04-15; journal 2024 358374

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT LINE GULBRANDSEN AS. Revenue 1.91m NOK → 2.15m NOK (+12.6%). Net result +132.3k NOK → +35.8k NOK. Equity 916.7k NOK → 602.5k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.91m NOK 2.15m NOK
+12.6%
Operating result
+172.4k NOK +45.5k NOK
-73.6%
Net result
+132.3k NOK +35.8k NOK
-72.9%
Equity
916.7k NOK 602.5k NOK
-34.3%
Cash
406.7k NOK 295.3k NOK
-27.4%
Total assets
1.27m NOK 1.23m NOK
-2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.91m NOK to 2.15m NOK (+12.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +172.4k NOK → +45.5k NOK (op. margin 9.0% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +132.3k NOK → +35.8k NOK (net margin 6.9% → 1.7%). Calculated

  • ↓

    Equity eroded

    Book equity 916.7k NOK → 602.5k NOK (equity ratio 72.3% → 48.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 406.7k NOK → 295.3k NOK (-27.4% YoY). Calculated