Org.nr 988 971 332 2022 → 2023 Year-over-year analysis

ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2023 vs 2022

Grew 232% on revenue

approved 2024-02-21; registry 2024-02-24; journal 2024 311126

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 50.3k NOK → 167.0k NOK (+231.8%). Net result -82.1k NOK → -87.7k NOK. Equity -199.3k NOK → -286.9k NOK.

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

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT OLE MORTEN HUSMO AS.

Scorecard

Revenue
50.3k NOK 167.0k NOK
+231.8%
Operating result
-50.7k NOK -59.0k NOK
-16.4%
Net result
-82.1k NOK -87.7k NOK
-6.8%
Equity
-199.3k NOK -286.9k NOK
-44.0%
Cash
25 NOK 25 NOK
0.0%
Total assets
123.5k NOK 60.3k NOK
-51.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.3k NOK to 167.0k NOK (+231.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -50.7k NOK → -59.0k NOK (op. margin -100.8% → -35.4%). Calculated

  • ↓

    Net result weakened

    Net result -82.1k NOK → -87.7k NOK (net margin -163.1% → -52.5%). Calculated

  • ↓

    Equity eroded

    Book equity -199.3k NOK → -286.9k NOK (equity ratio -161.4% → -476.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -476.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 5 000 NOK → 1.11m NOK (10% → 663% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 56.3k NOK → 0 NOK. Reported fact