Org.nr 989 130 129 2022 → 2023 Year-over-year analysis

ADVOKAT LINE HAMMARI AS: årsregnskap 2023 vs 2022

Grew 7% on revenue, weaker earnings

approved 2024-02-07; registry 2024-04-18; journal 2024 363671

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT LINE HAMMARI AS. Revenue 1.71m NOK → 1.82m NOK (+6.7%). Net result +71.8k NOK → +12.1k NOK. Equity 327.5k NOK → 154.6k NOK.

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

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

Scorecard

Revenue
1.71m NOK 1.82m NOK
+6.7%
Operating result
+91.4k NOK +15.6k NOK
-82.9%
Net result
+71.8k NOK +12.1k NOK
-83.1%
Equity
327.5k NOK 154.6k NOK
-52.8%
Cash
486.1k NOK 279.0k NOK
-42.6%
Total assets
853.7k NOK 540.9k NOK
-36.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.71m NOK to 1.82m NOK (+6.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +91.4k NOK → +15.6k NOK (op. margin 5.3% → 0.9%). Calculated

  • ↓

    Net result weakened

    Net result +71.8k NOK → +12.1k NOK (net margin 4.2% → 0.7%). Calculated

  • ↓

    Equity eroded

    Book equity 327.5k NOK → 154.6k NOK (equity ratio 38.4% → 28.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 486.1k NOK → 279.0k NOK (-42.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.28m NOK → 1.36m NOK (75% → 74% of revenue). Calculated