FirmaIQ
Org.nr 998 315 298 2022 → 2023 Year-over-year analysis

ADVOKAT MONA HOLMEDAL AS: årsregnskap 2023 vs 2022

Grew 9% on revenue, weaker earnings

approved 2024-02-13; registry 2024-02-19; journal 2024 308187

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT MONA HOLMEDAL AS. Revenue 2.31m NOK → 2.53m NOK (+9.2%). Net result +197.4k NOK → +133.1k NOK. Equity 973.6k NOK → 1.11m NOK.

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

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

At a glance

Scorecard

Revenue
2.31m NOK 2.53m NOK
+9.2%
Operating result
+255.5k NOK +165.8k NOK
-35.1%
Net result
+197.4k NOK +133.1k NOK
-32.6%
Equity
973.6k NOK 1.11m NOK
+13.7%
Cash
1.16m NOK 1.53m NOK
+31.1%
Total assets
1.75m NOK 2.01m NOK
+15.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.31m NOK to 2.53m NOK (+9.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 973.6k NOK → 1.11m NOK (equity ratio 55.8% → 55.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.16m NOK → 1.53m NOK (+31.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +255.5k NOK → +165.8k NOK (op. margin 11.0% → 6.6%). Calculated

  • ↓

    Net result weakened

    Net result +197.4k NOK → +133.1k NOK (net margin 8.5% → 5.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.51m NOK → 1.74m NOK (65% → 69% of revenue). Calculated