FirmaIQ
Org.nr 826 660 082 2022 → 2023 Year-over-year analysis

ADVOKAT OLE CHRISTIAN HYGGEN AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-04-17; registry 2024-04-22; journal 2024 367981

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT OLE CHRISTIAN HYGGEN AS. Revenue 3.37m NOK → 3.34m NOK (-0.9%). Net result +392.8k NOK → +529.0k NOK. Equity 492.9k NOK → 811.8k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.37m NOK 3.34m NOK
-0.9%
Operating result
+504.1k NOK +675.5k NOK
+34.0%
Net result
+392.8k NOK +529.0k NOK
+34.7%
Equity
492.9k NOK 811.8k NOK
+64.7%
Cash
737.2k NOK 1.27m NOK
+71.8%
Total assets
1.36m NOK 1.76m NOK
+28.8%

What improved

  • ↑

    Operating result improved

    Operating result +504.1k NOK → +675.5k NOK (op. margin 15.0% → 20.2%). Calculated

  • ↑

    Net result improved

    Net result +392.8k NOK → +529.0k NOK (net margin 11.7% → 15.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 492.9k NOK → 811.8k NOK (equity ratio 36.2% → 46.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 737.2k NOK → 1.27m NOK (+71.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.49m NOK → 2.28m NOK (74% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.37m NOK to 3.34m NOK (-0.9% YoY). Calculated