Org.nr 923 434 380 2022 → 2023 Year-over-year analysis

ADVOKAT NILS MUGAAS AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, stronger earnings

approved 2024-04-17; registry 2024-04-24; journal 2024 372371

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT NILS MUGAAS AS. Revenue 1.96m NOK → 2.41m NOK (+22.8%). Net result +382.7k NOK → +657.3k NOK. Equity 296.5k NOK → 1.77m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT NILS MUGAAS AS.

Scorecard

Revenue
1.96m NOK 2.41m NOK
+22.8%
Operating result
+541.6k NOK +909.9k NOK
+68.0%
Net result
+382.7k NOK +657.3k NOK
+71.8%
Equity
296.5k NOK 1.77m NOK
+498.3%
Cash
296.0k NOK 475.9k NOK
+60.8%
Total assets
2.91m NOK 3.07m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.96m NOK to 2.41m NOK (+22.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +541.6k NOK → +909.9k NOK (op. margin 27.6% → 37.8%). Calculated

  • ↑

    Net result improved

    Net result +382.7k NOK → +657.3k NOK (net margin 19.5% → 27.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 296.5k NOK → 1.77m NOK (equity ratio 10.2% → 57.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 296.0k NOK → 475.9k NOK (+60.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 894.9k NOK → 991.6k NOK (46% → 41% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 450 NOK → 1.45m NOK. Reported fact