ADVOKAT ULF E HANSEN AS: årsregnskap 2023 vs 2022
Grew 35% on revenue, returned to profit
approved 2024-04-26; registry 2024-04-29; journal 2024 383539
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT ULF E HANSEN AS. Revenue 3.92m NOK → 5.31m NOK (+35.4%). Net result -183.2k NOK → +853.5k NOK. Equity 12.38m NOK → 135.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT ULF E HANSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.92m NOK to 5.31m NOK (+35.4% YoY). Calculated
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↑
Operating result improved
Operating result -166.3k NOK → +30.3k NOK (op. margin -4.2% → 0.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 183.2k NOK to a profit of 853.5k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.38m NOK → 135.4k NOK (equity ratio 1213.3% → 6.4%). Calculated
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↓
Cash fell
Bank deposits 690.1k NOK → 390.1k NOK (-43.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.80m NOK → 2.95m NOK (71% → 56% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 4 → 3.4. Reported fact