Org.nr 914 948 320 2022 → 2023 Year-over-year analysis

ADVOKAT TOVE NISSEN-SOLLIE AS: årsregnskap 2023 vs 2022

Grew 39% on revenue, stronger earnings

approved 2024-04-12; registry 2024-04-15; journal 2024 358571

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT TOVE NISSEN-SOLLIE AS. Revenue 1.66m NOK → 2.30m NOK (+38.6%). Net result +347.9k NOK → +481.1k NOK. Equity 1.40m NOK → 1.53m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT TOVE NISSEN-SOLLIE AS.

Scorecard

Revenue
1.66m NOK 2.30m NOK
+38.6%
Operating result
+446.5k NOK +596.9k NOK
+33.7%
Net result
+347.9k NOK +481.1k NOK
+38.3%
Equity
1.40m NOK 1.53m NOK
+9.4%
Cash
617.0k NOK 635.5k NOK
+3.0%
Total assets
1.55m NOK 1.83m NOK
+18.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.66m NOK to 2.30m NOK (+38.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +446.5k NOK → +596.9k NOK (op. margin 26.9% → 26.0%). Calculated

  • ↑

    Net result improved

    Net result +347.9k NOK → +481.1k NOK (net margin 21.0% → 20.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.40m NOK → 1.53m NOK (equity ratio 90.4% → 83.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 617.0k NOK → 635.5k NOK (+3.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 834.3k NOK → 849.3k NOK (50% → 37% of revenue). Calculated