Org.nr 918 474 579 2022 → 2023 Year-over-year analysis

ADVOKAT NEERGÅRD AS: årsregnskap 2023 vs 2022

Grew 29% on revenue, stronger earnings

approved 2024-04-30; registry 2024-05-08; journal 2024 402322

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT NEERGÅRD AS. Revenue 2.17m NOK → 2.81m NOK (+29.3%). Net result +64.4k NOK → +252.6k NOK. Equity 108.4k NOK → 123.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT NEERGÅRD AS.

Scorecard

Revenue
2.17m NOK 2.81m NOK
+29.3%
Operating result
+165.4k NOK +431.8k NOK
+161.0%
Net result
+64.4k NOK +252.6k NOK
+292.6%
Equity
108.4k NOK 123.1k NOK
+13.5%
Cash
56.7k NOK 41.4k NOK
-27.0%
Total assets
1.63m NOK 1.87m NOK
+14.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.17m NOK to 2.81m NOK (+29.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +165.4k NOK → +431.8k NOK (op. margin 7.6% → 15.4%). Calculated

  • ↑

    Net result improved

    Net result +64.4k NOK → +252.6k NOK (net margin 3.0% → 9.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 108.4k NOK → 123.1k NOK (equity ratio 6.7% → 6.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 56.7k NOK → 41.4k NOK (-27.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation