ADVOKAT TOM HERMANSEN AS: årsregnskap 2023 vs 2022
Shrank 58% on revenue, weaker earnings
registry 2024-04-24; journal 2024 374115
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT TOM HERMANSEN AS. Revenue 710.9k NOK → 299.1k NOK (-57.9%). Net result +170.4k NOK → +30.4k NOK. Equity 419.8k NOK → 450.2k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT TOM HERMANSEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 419.8k NOK → 450.2k NOK (equity ratio 92.4% → 99.3%). Calculated
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↑
Cash rose
Bank deposits 146.8k NOK → 306.6k NOK (+108.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 206.2k NOK → 2 330 NOK (29% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 710.9k NOK to 299.1k NOK (-57.9% YoY). Calculated
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↓
Operating result weakened
Operating result +240.7k NOK → +42.0k NOK (op. margin 33.9% → 14.0%). Calculated
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↓
Net result weakened
Net result +170.4k NOK → +30.4k NOK (net margin 24.0% → 10.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6 001 NOK → 7 NOK. Reported fact