ADVOKAT MAGNUS HÅVÅS NERENG AS: årsregnskap 2023 vs 2022
Grew 25% on revenue, stronger earnings, cash halved-plus
registry 2024-04-17; journal 2024 360524
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT MAGNUS HÅVÅS NERENG AS. Revenue 2.12m NOK → 2.65m NOK (+25.3%). Net result +13.5k NOK → +3.57m NOK. Equity 1.05m NOK → 3.63m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT MAGNUS HÅVÅS NERENG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.12m NOK to 2.65m NOK (+25.3% YoY). Calculated
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Operating result improved
Operating result +10.7k NOK → +716.9k NOK (op. margin 0.5% → 27.0%). Calculated
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Net result improved
Net result +13.5k NOK → +3.57m NOK (net margin 0.6% → 134.6%). Calculated
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Equity strengthened
Book equity 1.05m NOK → 3.63m NOK (equity ratio 69.9% → 281.7%). Calculated
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Payroll decreased
Salary cost 1.53m NOK → 1.39m NOK (72% → 52% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 550.5k NOK → 181.7k NOK (-67.0% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 28.2k NOK → 13.5k NOK (-52.1% YoY). Calculated